Ok, I have lost plenty of money on Chinese stocks. So I understand the dangers. But, I also believe where there is danger, there can also be opportunity. So I own some Chinese and China-centric stocks. And I am pleased to say they have been doing very well.
NUS - this is the MLM I bought in the February MFI tranche. One of their large and growing territories is China. Today they spiked over $90. It is now up a stunning 124% for me.
RDA - this is my semi conductor stock, based in China, that I bought in my May. They have been on fire, however you say that in Chinese. They are now up over 38% for me.
GA - This is a Chinese gaming company that I also bought in my February MFI portfolio. They are up 42% already!
CYOU - another Chinese gaming company. They are up just 3%, though they were up over 39% earlier in July.
Monday, September 09, 2013
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