06-09-2013, 05:43 PM
Come to think of it, I have been following s- chip for a couple of years Liao, there was a period of time when the frauds were slowly fading into memories, and s-chips that go on dual-listing were considered a stamp of approval and will shoot up in price unrelentlessly. Think gaoxian, china N town, etc. back then, I was wondering why dual listing which was dilutive in nature, is such a key factor. Nonetheless I board the bandwagon and make some Good money.
Then there were many talking about bad sentiments on s-chips, and value will return soon after sentiments turn, they were renowned investors talking about summart, seavi buying hu an cable at 36.5 cents and said that they did so after studying 3000 companies.
Now, I think it's no longer a case where by sentiments on most s-chips are bad, but convictions that most s-chips are bad. The fact the some s-chips have delisted to listed elsewhere or taken private at price that will make most but the shrewdest o investors lose money. It's no wonder s-chips are now avoided like the plague.
Perhaps the only 2 ways one can expect to make money are:
After many years, in the midst of a bull run, memory start to fail and ppl says wa, what kind of valuation is this, lets buy this!!
Or, u get in at a low enough price and it can taken private at a higher price.
Just my 2 cents babbling. It's has been some years, pardon me if I remembered some of The names of companies wrongly
Then there were many talking about bad sentiments on s-chips, and value will return soon after sentiments turn, they were renowned investors talking about summart, seavi buying hu an cable at 36.5 cents and said that they did so after studying 3000 companies.
Now, I think it's no longer a case where by sentiments on most s-chips are bad, but convictions that most s-chips are bad. The fact the some s-chips have delisted to listed elsewhere or taken private at price that will make most but the shrewdest o investors lose money. It's no wonder s-chips are now avoided like the plague.
Perhaps the only 2 ways one can expect to make money are:
After many years, in the midst of a bull run, memory start to fail and ppl says wa, what kind of valuation is this, lets buy this!!
Or, u get in at a low enough price and it can taken private at a higher price.
Just my 2 cents babbling. It's has been some years, pardon me if I remembered some of The names of companies wrongly