great fundamentals, but what does that have to do with a zinc mine that produces 10% annual growth being given a multiple appropriate for 80% annual growth? (CHNR)
China has a booming economy, everyone knows that. But what does that have to do with crappy stocks in China that are going up 200% in a week on daytrader hype?
How much should they gain weekly instead? Would you feel better if they only gained say 1% a week? Why not let the market sort it out?
The market is always right, always efficient, let's not question any of these moves and their sustainability, yield to the action at all times. Thinking ahead is wrong, never fight a trend. Any more trading truisms I haven't covered? Oh yeah, Bubbles are like diamonds, forever........blah blah blah
Party like 1999 or not! ? => China Digital TV IPO opens at $30, nearly double $16 price http://www.marketwatch.com/quotes/stv After hours -20 %...aj aj aj !
Those quotes are wrong. Marketwatch doesn't know how to quote IPOs. The stock closed at $28.00 on Friday. The stock opened the day at $35.00, that was the open, not yesterday's close price. It states that it was up $1.19 to $29.19 according to their after hours quotes.
Down 3.88% since Thursday. Symbol Last Trade Change Shrs Price Paid Gain - - 44.13 100 3,535.00$3,535.00 CHNR 4:00PM ET 35.35 Down 4.40 100 44.13 -878.00Down $878.00 Down 19.90% - - 11.78 400 4,032.00$4,032.00 CSUN 4:00PM ET 10.08 Down 1.06 400 11.78 -680.00Down $680.00 Down 14.43% - - 9.07 500 5,195.00$5,195.00 CTDC 4:00PM ET 10.39 Up 2.03 500 9.07 660.00Up $660.00 Up 14.55% - - 7.88 600 4,422.00$4,422.00 CNTF 4:00PM ET 7.37 Up 0.30 600 7.88 -306.00Down $306.00 Down 6.47% - - 9.92 400 4,064.00$4,064.00 CPSL 4:00PM ET 10.16 Up 0.35 400 9.92 96.00Up $96.00 Up 2.42% - - 8.85 500 4,760.00$4,760.00 XFML 4:00PM ET 9.52 Up 0.58 500 8.85 335.00Up $335.00 Up 7.57% - - 40.70 100 3,505.00$3,505.00 JRJC 4:00PM ET 35.05 Down 4.05 100 40.70 -565.00Down $565.00 Down 13.88% - - 15.24 300 3,375.00$3,375.00 KUN 3:59PM ET 11.25 Down 2.53 300 15.24 -1,197.00Down $1,197.00 Down 26.18% - - 25.11 100 1,400.00$1,400.00 RCH 4:07PM ET 14.00 Down 3.66 100 25.11 -1,111.00Down $1,111.00 Down 44.25% - - 8.95 500 5,635.00$5,635.00 CDS 4:00PM ET 11.27 Down 0.58 500 8.95 1,160.00Up $1,160.00 Up 25.92% - - 14.35 300 3,825.00$3,825.00 GSI 4:01PM ET 12.75 Up 0.02 300 14.35 -480.00Down $480.00 Down 11.15% - - 2.59 1,800 6,048.00$6,048.00 ATS 4:01PM ET 3.36 Up 0.04 1,800 2.59 1,386.00Up $1,386.00 Up 29.73% - - 8.28 600 4,698.00$4,698.00 KONG 4:00PM ET 7.83 Up 0.18 600 8.28 -270.00Down $270.00 Down 5.43% - - 29.21 100 2,429.00$2,429.00 EFUT 4:00PM ET 24.29 Up 0.28 100 29.21 -492.00Down $492.00 Down 16.84% - - 7.41 600 4,584.00$4,584.00 SCON 4:00PM ET 7.64 Up 0.08 600 7.41 138.00Up $138.00 Up 3.10% - - 8.72 500 3,920.00$3,920.00 NOEC 4:00PM ET 7.84 Up 0.19 500 8.72 -440.00Down $440.00 Down 10.09% - - - - 65,427.00$65,427.00 Total (USD): - - - - - -2,644.00Down $2,644.00 Down 3.88%
All I am asking is if you have any actual real money positions in the stocks you are posting about here. I am flat all of them. What about you?
The turd index has made a comeback, its up 3.57% as of Wednesday's close. Symbol Last Trade Change Shrs Price Paid Gain - - 44.13 100 4,250.00$4,250.00 CHNR Oct 10 42.50 0.00 100 44.13 -163.00Down $163.00 Down 3.69% - - 11.78 400 5,512.00$5,512.00 CSUN Oct 10 13.78 0.00 400 11.78 800.00Up $800.00 Up 16.98% - - 9.07 500 5,155.00$5,155.00 CTDC Oct 10 10.31 0.00 500 9.07 620.00Up $620.00 Up 13.67% - - 7.88 600 4,560.00$4,560.00 CNTF Oct 10 7.60 0.00 600 7.88 -168.00Down $168.00 Down 3.55% - - 9.92 400 4,176.00$4,176.00 CPSL Oct 10 10.44 0.00 400 9.92 208.00Up $208.00 Up 5.24% - - 8.85 500 4,550.00$4,550.00 XFML Oct 10 9.10 0.00 500 8.85 125.00Up $125.00 Up 2.82% - - 40.70 100 4,108.00$4,108.00 JRJC Oct 10 41.08 0.00 100 40.70 38.00Up $38.00 Up 0.93% - - 15.24 300 4,164.00$4,164.00 KUN Oct 10 13.88 0.00 300 15.24 -408.00Down $408.00 Down 8.92% - - 25.11 100 1,960.00$1,960.00 RCH Oct 10 19.60 0.00 100 25.11 -551.00Down $551.00 Down 21.94% - - 8.95 500 5,575.00$5,575.00 CDS Oct 10 11.15 0.00 500 8.95 1,100.00Up $1,100.00 Up 24.58% - - 14.35 300 3,894.00$3,894.00 GSI Oct 10 12.98 0.00 300 14.35 -411.00Down $411.00 Down 9.55% - - 2.59 1,800 6,408.00$6,408.00 ATS Oct 10 3.56 0.00 1,800 2.59 1,746.00Up $1,746.00 Up 37.45% - - 8.28 600 4,548.00$4,548.00 KONG Oct 10 7.58 0.00 600 8.28 -420.00Down $420.00 Down 8.45% - - 29.21 100 2,510.00$2,510.00 EFUT Oct 10 25.10 0.00 100 29.21 -411.00Down $411.00 Down 14.07% - - 7.41 600 5,034.00$5,034.00 SCON Oct 10 8.39 0.00 600 7.41 588.00Up $588.00 Up 13.23% - - 8.72 500 4,100.00$4,100.00 NOEC Oct 10 8.20 0.00 500 8.72 -260.00Down $260.00 Down 5.96% - - - - 70,504.00$70,504.00 Total (USD): - - - - - 2,433.00Up $2,433.00 Up 3.57%