My thoughts are inline with what Harley said regarding GHII. I also did not sell because I have given up on the company or that I think its bound to fail. I don't.
However, I am rather frustrated with it because I have owned it since fall 08 and it has done nothing, literally. It looked good on paper then and it looks even better now but something is fishy, the market is highly suspicious of their numbers.
They did the R/S earlier this year with plans to uplist, but with no uplist happening the stock has slipped back down, way down now.
And personally I dont think china small caps do well on the AMEX, hell, nothing really gets much love on the AMEX nowadays.
That all said, I only sold because I wanted to further increase my position in GU, plain and simple.
Good luck BigOnChina with it, and I will continue to watch and may yet get back in if sentiment changes or the black cloud lifts from their head.
Of course it has been a prime candidate for tax loss selling. That and alot of other fine stocks here that we track.
malc
