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Strategies & Market Trends : China Mania - Wild swings in US traded stocks

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To: ~digs who wrote (5)10/7/2007 11:09:57 AM
From: Kiss of Death   of 10
 
yes you are certainly correct that it is hard to keep up with them all-and most are not very good investments from a fundamental view...but there seem to be some quality issues in the group worth taking a shot on...I think I found a few of them...FSIN-I like the fact that they are trading at less than 10 forward P/E...their debt is acceptable to their income/balance sheet...and of course they are in the right place at the right time...it is a company I would buy at any time-but it becomes a must own stock for me the circumstances being what they are...Out of the 3 chinese stocks I own(SDTH, FSIN, NOEC) I bet at least 2 of them I will be owning for quite some time...that is unless they pull a chnr on me, then I will be forced to sell...good problem to have...If you like the short term TA standpoint you might like some US stocks I have BOOM, HANS, BEAV, AXYS and maybe an indian stock SLT...who knows-with a market like this I am sure you got plenty enough names to chew on already...good luck...

LAZY
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