True face of China -- A Modern Kaleidoscope Message Board

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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: hui zhou who wrote (2194)	10/3/2007 11:36:56 PM
From: RealMuLan	Read Replies (2) of 12464

There is NOTHING to do between the China micro stocks flying high and the US bashing made-in-China goods. I think I already mention a couple of times, Majority of buyers of these China plays ARE Chinese from the Mainland, who opened trading account in the US. High SIX figures of Chinese who have the same last name as mine opened accounts with Ameritrade. I know that just by the number of the user name. Same thing with Scottrade. The reason this time they go up much higher than last time is because more Chinese opened the account in the US. FEW Americans buy these Chinese stocks, and many of them only play from the short side. This time they sure got burned. But don't worry, they will revenge. See CMED today? I wanted to short it several days ago, NO share to borrow. Today it is down >$3, almost 10%! There is NO doubt that Mattel has damaged the reputation of made-in-China goods. But that really does NOT bother me. I wish ALL the US toy makers GET OUT of China! period. Most of these toy makers are in Guangdong, just wait for next year data, most of them have closed down and will NEVER open again.

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