Replies to post #36228 on China Growth Stocks

[kuwlness]

CCME: I have no idea how the market is valuing this company, but institutional holding is nothing short of pathetic. How can the big companies only own 5-20k shares of this company? I owned more than some of these institutions when we were trading in the $12s.

This is a tad confusing

[becker800]

It wasnt only CCME. The DJ dropped 60 points.

Overdone is right, hence everyone on the board picking up the cheapies.

[atco1982]

Everyone in China stocks can't forget last year -

We are now in a new enviornment. Forget about doubles in three months. Even 90% y over y doesen't impress them. Instant gratification is over. It's active daytrading or a more long term approach.

[redman_2014]

CCME - Regarding sell-off

1) I think a bunch of investors were expecting a quick jump into the stratosphere and became disenchanted when the morning rally faded. Now they are dumping because their impatient.

2) Others are probably selling to lighten their holdings because they think they will get in cheaper next week. And some potential new buyers are probably holding off their purchase for the same reason.

3) And the 10-K release hasn't taken effect yet because it takes time to due proper DD, so first the financials have to be updated on all the sites, then the investors have to find CCME, then DD has to be performed, and then they look for an entry point. At least that's how the types of investors we want(institutions) will do it. So even investors who are quick with their DD probably aren't buying because today it's been dropping like a stone.

All conjecture, but that's my take on it.


-Adam