Greater China Junior Stocks Message Board

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Strategies & Market Trends : Greater China Junior Stocks

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To: hui zhou who wrote (1003)	11/21/2005 11:59:59 PM
From: RealMuLan	of 1992

sorry, don't know<g>, it is possible. Though I think you have to be lucky enough to join some institutions (whether it buys long or short covering) in order to have the runup like in CHNR or CNTF. Just small retail investors could not bring that kind of volume. BTW, CHNR was a $4-4.5 stock back in May/June, and I traded it for a couple of times. Then along with other China's play, the volume dried up, and the price came down 50%. Who knows? maybe it is some hedge funds were shorting it, and now they are covering. Remember? someone said REFCO had a huge amount of shorts had not covered yet. And it is not a secret that China's ADRs are a popular short due to the lower volume and lack of interest. I would speculate that at least part of these runup in China's play is due to short covering. Hedge fund are doing better because they short, and now they want to book the profit. And one more thing, small retail investors love stocks <$10, especially <$5 And look at HANS, the short squeeze is continuing siliconinvestor.com

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