peeker...re wkbt. not all china micros are down much...seems its just the reverse merger boys. The SSEC was down a bit yesterday, but its up for the week, and the last two weeks, and three weeks...up 11% since late January.
I think WKBT is down in response to CCME. I mean its seems to have a very high beta, and it looks like most people dont trust their numbers since its fallen what...60% off its highs since earnings?
I actually own a teeny bit of wkbt. Its a good reminder to me that you gotta sell these china rm's into strength (which I did with some others).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.