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Re: wittytitty post# 2595

Friday, 01/21/2011 5:01:27 PM

Friday, January 21, 2011 5:01:27 PM

Post# of 3179
Witty,

Thanks a lot for the further details of what you meant by your previous comment. Yeah, I hear ya. Hopefully the intense negativity towards this sector of the investment world will lead to both more balanced "reporting" by the news talk shows and more forthrightness from the Chinese listed companies themselves. But given human nature and how deliberately and consistently one must work to alter it, I think it will be a long time in coming. Moreover, when such a long standing buy and hold oriented entity as the Motley Fools switches gears and offers new services to teach people how to short stocks so they can ride the market both ways, I suspect we're all going to have to become more nimble to make money in the markets. CHBT's action today is a "great" example.

Anyway, if CKGT is not a fraud I think it will recover, eventually. But it's already lower than I thought it would be after the year-end tax selling was over. And with the Chinese New Year starting February 3rd, I'm not particularly hopeful that the situation will change anytime soon. But, actually, I have no idea. The share price is too low to do anything but ride it out in my opinion, at least given where I bought in on many occasions.

Good luck in your ventures.

Steve



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