CCCL: Very true, thats why I think it has one of the best risk/rewards in the space personally though!
I have patience, I have no problem holding while they keep growing their capacity...Even without multiple expansion, as long as the multiple does not shrink, the return will be quite good (Thats not to say I don't hope/expect the multiple to go higher at some point).
One reason, as Maj has pointed out, for the under-performance in the name is that the company is still working through the dilution from the capital-raise/warrant-exchange/earn-outs. People don't like seeing YoY EPS shrinking, so many stay away for that reason. Before too long though, this will change and we will see solid EPS growth.
If your a trader, this is NOT the stock for you to play with please. If someone has a 6-12 month timeframe, they could do worse than plunk down a position here though IMO.
I am only long 4 names in the China Space at this point, this is one of them...Heck i'm short more names than I am long ;).
-Fernando
