Here are a handful of stocks and how they have performed since November 8th:
Down 21% on average. In the same time frame, the Russell 3000 is up 12%. So, I ask you gentle reader, are these stocks now a tremendous opportunity, or something to be feared? Obviously it is a prime driver in the fact that I have underperformed in the past three month.
It is easy to say, "don't buy". Certainly that feels safer. Certainly any of these stocks may go under a vicious short attack tomorrow. So if you're buying a stock for one day, you should not go there. But has the market gone a little "nuts" on these stocks? Should we be greedy when others are fearful?
Of course no one can know until we know. I have of course made my investments and have added a bit recently as the continual dropping of price makes a few of these difficult to resist. Now for a final bit of fun, here are some of the recent headlines:
Read All About It!
The China Market Has Gone Mad
U.S. Listed Chinese Stocks: Mistreated and Undervalued
YONG Too Risky?: China Watch Mail Bag
2011 China Investment Guide: Think Small
Reverse Takeovers: The Poor Man's IPO Deserves Some Respect
Why Chinese Value Stocks Get No Respect On Wall Street
China Small-Caps for the Attentive Trader
What Are the Top China Small Cap Picks of 2011?
With China Small-Caps, It's Shorts vs. Auditors
Shorting China Stocks: IPOs, Reverse Listings, All Or None Of The Above?
27 Red Flags for Chinese RTO Stock Investors to Look For
China's Companies Dump U.S. Stock Listings