Sorry to take so long to get back with you. YONG ? Shorts are pounding it like so many other China small-caps. I'd stay clear for now. Even though the S&P broke through upside resistance today, I just think it will end up creating better shorting opportunities down the road, but we'll see .........
"Joe, what are your thoughts on YONG's overhead supply? We've opened sharply higher 3 out of the last 4 trading days only to sell off into negative territory. Been in YONG since the 7 teens last week, looking for my first out at 7.50"
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