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jeffn

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jeffn

Re: Nikodemos post# 36

Sunday, 08/07/2011 5:32:35 PM

Sunday, August 07, 2011 5:32:35 PM

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i may have went a little far with my opinion in that post. many traders just have little confidence in these chinese companies trading in u.s. markets. here is a post that may help explain what i am talking about:

http://investorshub.advfn.com/boards/replies.aspx?msg=64437017

most chinese companies trading on u.s. markets trade at a much lower P/E than american companies. that's just the way it is. you may see it as very undervalued, and you may 100% correct, but if the rest of the market doesn't agree, it just isn't gonna move up. jmo
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