China Growth Stocks

[Traderfan]

LPH, well I don't think that the recent rally was because of the warrant expiration. Why would that be the main reason anyway? The company did a string of things which makes them a lot more credible than 6 months ago. It did things which no other china RM or micro cap did before like the posted reconciliation stuff and much more. Now they double their numbers with an aquisition without giving out a single additional share or getting a loan. I would say that's quite impressive, and you think the warrants stuff is responsible for the move? Quite unlikely.

Now if the stock retreats from here I'm sure certain people will come out and say they were right but the funny thing is that exactly these people also said sell the stock at 1.50 and 1.80 and 2 per share. Sooner or later they have to be right at least for a while since no stock goes up forever without taking a pause.

Note that I'm not saying people should rush in here to buy the stock and hold it for 5 years since it's a sure thing. Of course it's not, no stock is a sure thing out there and of course not a china small cap. What people don't understand is that making money in the market is about ANTICIPATING stuff that for example just happened at LPH. It's about looking for "signs" in order to make a good bet. And chances for a good bet in LPH in the last 3 months were pretty good but of course many chose to not see it. Selling at 2.30 makes at least more sense to me than selling at 1.50 a few weeks ago.