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Why We're Buying China Yida

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ciciagt Member Level  Tuesday, 11/02/10 10:38:17 AM
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Why We're Buying China Yida

http://www.fool.com/investing/general/2010/11/01/why-were-buying-china-yida.aspx
".....Make no mistake; this will most likely be a very, very risky and volatile position.......But I am comfortable with that risk if it is position-sized accordingly. Moreover, on the flip side, we also truly believe this company could have most of their new projects fail and still be at least 50% undervalued. If the company sees even just one or two of the parks in their pipeline "hit," this could be a 3- or 4-bagger, easy ...."

(overall tone of article isn't real positive, and the author bought only a $500 position, if I read it correctly)

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