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libertycola

12/06/09 10:34 PM

#15094 RE: here4beer #15093

CNYD: One stock to have is China Yida, it will start trading on the NASDAQ tomorrow and should be at least a 2 bagger in the next year or so(probably sooner)as it has 87% operating income growth trading at a P/E under 11 and that should continue with the 2 new locations opening up by 2010.

It's current symbol is CNDH but tomorrow it changes to CNYD.

haha looking at the stocks you owned,I think you will like the transition to china.
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FanPaw

12/07/09 5:58 AM

#15103 RE: here4beer #15093

A switch from your former holdings to China micro caps is a drastic move. Make sure you know what you are doing. You need to do a LOT of research and constantly keep up to date. This will not be a carefree portfolio.

You may want to start your research with the 10 Amigos for 2010. The ECSC board contains many posts on this topic, even with a nice summary. Those and other board favorites warrant further investigation. Go read the SEC filings, also comments from this board, articles at sites like Seeking Alpha, GeoInvesting and so on.

It is probably best to keep this up for about 6 months before you even take the plunge.