Official China Turd Index: Sucker's Sixteen

Discussion in 'Stocks' started by detective, Oct 4, 2007.

  1. Ok, by popular demand, I have started the China Turd Index.
    They will include 16 Chinese stocks which have gone up solely based on momentum with crappy fundamentals and absurd valuations.

    Here are the Sucker's Sixteen and the price as of ~1:45 pm EST October 4 2007:

    CHNR 44.13
    CSUN 11.78
    CTDC 9.07
    CNTF 7.88
    CPSL 9.92
    XFML 8.85
    JRJC 40.70
    KUN 15.24
    RCH 25.11
    CDS 8.95
    GSI 14.35
    ATS 2.59
    KONG 8.28
    EFUT 29.21
    SCON 7.41
    NOEC 8.72

    I will check back on these stocks from time to time at a later date.
     
  2. I thought this thread was about Stock_Turder getting bullish on China.
     
  3. eraci

    eraci

    S16 MktCap 2pm Oct4 Now Bps PNL
    CHNR 508 $44.13 $45.30 265.1 $1,657
    CSUN 457 $11.78 $11.51 -229.1 -$1,432
    CTDC 103 $9.07 $9.07 0.0 $0
    CNTF 340 $7.88 $7.77 -138.3 -$865
    CPSL 350 $9.92 $9.90 -20.2 -$126
    XFML 599 $8.85 $8.80 -56.5 -$353
    JRJC 851 $40.70 $41.11 100.7 $630
    KUN 290 $15.24 $14.89 -229.0 -$1,431
    RCH 1,233 $25.11 $25.00 -43.8 -$274
    CDS 134 $8.95 $9.00 55.9 $349
    GSI 470 $14.35 $14.33 -13.9 -$87
    ATS 138 $2.59 $2.68 347.5 $2,172
    KONG 295 $8.28 $8.31 36.2 $226
    EFUT 76 $29.21 $28.90 -106.1 -$663
    SCON 92 $7.41 $7.33 -108.0 -$675
    NOEC 109 $8.72 $8.65 -80.3 -$502
    Summary -13.7 -$1,374
     
  4. stalker..........:D
     
  5. LOL! Hahah!! :)
     
  6. sounds like a good idea to buy these stocks
    The TOP isnt here

    cause it isn't

    There is more buying 2 come

    Turn on the headlines. China in the news. Lead toys good for economy and bullish.

    Santa rally coming. Also stocks rally historically 4th quarter AND last year of final term of president.

    China index go to 7000. Buying to continue.

    Go long stupids.
     
  7. I think its going to turn a lot more negative soon.
     
  8. although they may be going up for no apparent reason...i would most certainly be very leary about shorting if and when u locate some of this shit paper....the bottom line is turd is correct...plenty of room for more sizzle....in other words dont short and dont go long....peace
     
  9. Yeah, definitely hard to short these stocks, ver difficult to borrow. I see the frenzied action and in the short term(1 day to 2 weeks), I think its a top. In the medium term (2 weeks-3 month time frame), these daytrader play things could go higher, but could also go much lower. In the long term (over 3 months), the China turb bubble will pop big time.
     
  10. S2007S

    S2007S

    :D


    keep the updates coming.
     
    #10     Oct 4, 2007