Subaye, Inc (SBAY)

[sahd3g]

I've been trading this since before the reverse split... SBAY has been like a mini ATM, spitting out free shares and free cash repeatedly. I have no concern about it being a real co...and min. concern about the books/accounting.

But, I'm widely diversified into over 100 US listed china plays...keeping bets small. I'm a bit too heavy in JADA at the moment. SBAY is a smaller position, as I prefer natural resource and energy plays to tech/internet.

The sector is so beaten down and hated...seems overdone as these stocks seemed cheap, even at their extreme highs really... .