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sweet crude

05/24/07 12:54 PM

#551 RE: bpk4027 #550

could get panic selling....

not that CHCG is not a really good company, but if the overall Chinese market tanks it will be a once in a lifetime chance to buy a great stock, cheap.

Most important thing is to keep cash on sideline and wait....wait until you sell mad panic and blood, then place a bid below that, and hope to get hit. If you would have bought after the 1998 crash you would have made a killing.

CHCG has solid numbers, and these are the stocks you want to grab in panic selling.

SHORT MAYBE?

Ive never shorted a stock before, but if you see a panic bubble burst coming you may want to short CHCH, and when the full force selling is at its hight, buy back in. Can make money on the drop, and get in on a cheaper price. Just a thought. Anyone else ever short a stock....maybe someone can share some tips.