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Strategies & Market Trends : Brillance China Auto (CBA)

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To: jianwei who wrote (8)6/25/1997 12:27:00 PM
From: hui zhou   of 19
 
Congratuate you made money on CBA.You know that someting used to cold is now turn to very hot. Vice verse. Interesting, Paul Kangas (sp) of PBS mentioned CBA on Nightly Business Report as a big mover yesterday. He made the expaination of that move for Congress passing the MFN. It made me laugh. No news for me. If so, why the other Chinese stocks did not move? l know that MFN issue is a done deal and only used as tool for the politic game. I will not be surprised to hear CBA is halted and investigated by Exchange for unusuall activities. Just kidding! My point is the stock is traded all over the map. Once the bubble ended, the exodus can be crowded. Regarding SHI, you said that the management is irresposible to shareholders. What does that mean? Can you give us a detail? SHI, I believe, is the blue chip which is paying fat dividends for years. You cannot find lot of this cheap issues in Wall Street nowdays. BTW, I am rather a fundamental trader than technique trader and don't pay lot of attention to chart. I assume that the raw material, like petrochemal, is always a big demand in China.
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