My experience with the penny China plays is this. The better they looked. The more of a steal they appeared to be. The steadier the decline. Granted there must be a few that are on the up and up. Like picking a needle in a haystack though. Could this one be on the up and up? Sure could but the odds are scary
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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.