How or who is running the pump/dump on china stocks?

Discussion in 'Trading' started by aaronk321, Sep 28, 2007.

  1. How are they doing it? The run on CPSL,CBAK,KONG,JRJC, etc.. How is this done without SEC action? In the future, how can one predict the plays and when to jump out. I went with the momo and made a small amount. I missed out on holding a couple for the huge overnight gap.

    I got rid of kong this morning because it was tanking hard - just broke even. Friggin pissed because I was up alot.
     
  2. lol its called a rally
     
  3. Rally on those POS. I'd understand the BIDU hype but the micro caps.

     
  4. It's called a 'RAMP"
     
  5. nkhoi

    nkhoi Moderator

    [​IMG]
     
  6. Div_Arb

    Div_Arb

    It's called the "General Tso put."
     
  7. The Chinese has a lot of savings, and because of it, it can pump up the market really fast.

    Unless us, we pump it up using credits.
     
  8. Ron Paul
     
  9. Was wondering the same thing. No way JRJC was a legit "rally". These ADRs better watch it.

    No complaints here though. Makes the markets more exciting. These are some good plays. Never get tired of a game of hot potato.
     
  10. Who? The usual suspects..........GS, MS, MER et al. Even if you live in a cave in Upper Mongolia, they can get you invested.
     
    #10     Sep 28, 2007