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downthehatch

12/01/11 11:34 AM

#1953 RE: Majobuki #1952

Majobuki:
You have answered your own question:
"...not trusting Chinese stocks"

That is why this one, and several others I hold, are hovering around 1 times earnings, when any reasonable valuation, especially with the growth here, would be more in the 5 to 10 times earnings range.

As the saying goes, buy when there is blood in the streets. This is surely a time of blood in the streets, with respect to Chinese stocks!

I have been buying this one for months, and continue to buy on dips. It will be a big winner, I predict.