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Re: Crazy Money post# 65814

Sunday, 01/02/2011 8:48:22 AM

Sunday, January 02, 2011 8:48:22 AM

Post# of 94785
I think the Board is getting more looks for two reasons . First reason is all of the China bashing of US stocks has brought incredible mainstream attention to US listed China stocks .People came to see the train wreck . Starting last summer many clueless mainstream press journalists have taken to bashing these listings almost on a daily basis from Barron to CNBC . Are these guys investors ? No . They have no skin in the game . This attention has brought many pro investors and institutions to examine these companies and they are picking over the carcases . Number two is most US China shares are way up in the 4th quarter and this has led to increased eyeballs on this board . I have been following this board for a year . I recently joined Ihub premium because of this board and a premium Biotech board that i am fond of . My only core holdings right now are CGPI and CCME . I trade in and out of these stocks right now and look for fallen angels . I am up 40% since the lows and i am actually even on CGS for the year even though i started last Jan at the highs .I recently sold CKGT LPH SPU WKBT at considerable profit. I will try in get back in some of those names or others 10 to 20 % lower .I may miss a 30 % upside opportunity but i dont want to be down 50% ever again.In this space there is always s few stocks trading at an imbalance .Right now its CCME not because of valuation but because it is being valued like a risky US listed China stock . It is really much safer than all of the other stocks listed here and should receive a higher valuation. I consider myself extremely lucky and i have received a free education by watching your resident traders on this board even though i have over 20 years of investing experience and have worked for 3 brokerage firms in an investing advisory capacity. I think with the volatility i need to be nimble .

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