China Growth Stocks

[ratobranco]

SGZH - agreed. This is an OTC stock, so they aren't going to get the kind of institutional play that a PUDA or LLEN might get. It would be very easy to buy this one at the 6.90 ask, then watch the stock move back down to 6.00 over the next few weeks as nothing further is heard from the company.

You want to buy this name when it is quiet, not right now, a day after an earnings PR. That way, you get more price protection. It may be needed, as these guys have a solid record of talking heavy and then all-of-a-sudden surprising to the downside. JMO.

With that said, 2morrow is right that they may finally be turning things around.