Replies to post #71421 on China Growth Stocks

[steeledge]

ssk, never is a long time. while my sentiment is to hold off on new purchases as well, this too shall blow over. i bet these shorting houses themselves start getting a lot of scrutiny. that in conjunction with legitimate chinese stocks standing up to the attacks (e.g. AUTC) will eventually turn the tide back into positive perception. don't know when that will happen though.

[joenatural]

With the massive upgrading of auditors in the China small-cap space, these companies are becoming more and more transparent. CCME was crushed due to the fact that people were heavily margined and had stock sold out from under them. If they didn't have that happen yesterday, they certainly got the margin calls this morning and thus even more selling. This "hit piece" wouldn't have been nearly as destructive had it happened to another company where everyone and their dog wasn't in love with the stock. You say the risks are too great ? The risk is actually starting to come out of many of these companies .......

"Sold out of NIV Today at a loss. Have decided I will never invest in china stocks again. The risks are simply too great too own them. I will not be the only one saying that, and I didn't even get burned, so think of that when you apply future valuations, if a ton of people who would of invested in these stock no longer will do so. All is just my opinion, and I could always be wrong though."

[Shengli]

Sold out of NIV Today at a loss. Have decided I will never invest in china stocks again. The risks are simply too great too own them. I will not be the only one saying that, and I didn't even get burned, so think of that when you apply future valuations, if a ton of people who would of invested in these stock no longer will do so. All is just my opinion, and I could always be wrong though.

I respect your trading skills and have followed you for awhile but to me this is a clear sign of the bottom is very near in this sector . I wish i had waited a few weeks