Subaye, Inc (SBAY)

[sahd3g]

Fraud? I don't know. But, when I sold off most of my freebie swing trade profit shares at over $15 not too long ago...chart screamed sell and I guess I got lucky that I didn't buy any shares back until today at .40!

Small risk trade, but SBAY has been like an ATM for me over the past 2 or 3 years...easy to swing trade. This is the cheapest buy ever in terms of the market cap of the co...obviously it's a thrown out babe on trust issues with mgt.

Could bounce up to $2+ on any hint of positive developments...at that point I'd be back to another free ride on this buy. One just NEVER knows where the next 100 bagger china plays is....this is why I'm very diversified in well over 110 of these junkers...everything from etf's to pink sheet POS's.

CHGY went from .04 to well over $4....and back to .40. These stocks are flat out insane, but often easy to swing trade for a free ride. In tax exempt accts...I simply collect mostly stock as profit on trades and keep the principal moving around as often as possible.

GL...only bet what you can live without. This sector is the most hated around...but from there will be 100 baggers imo.