China Mania - Wild swings in US traded stocks Message Board

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

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To: peter michaelson who wrote (1)	10/6/2007 5:10:20 PM
From: peter michaelson	Read Replies (3) of 10

So who wants to take a stab at explaining how or why any of the following price changes occurred? I have one theory that I'll post later. CHNR - China Natural Resources, Inc. October 1 CHNR closed at $15.95. On October 4 CHNR closed at $44.26. The only news or information was the company statement that it knew no reason for the price change. KUN - China Shenghuo Pharmaceutical October 2 KUN closed at $6.71. On October 4 KUN closed at $15.12. No news. CPSL - China Precision Steel September 18 CPSL closed at $3.53. On September 26 CPSL closed at $11.09. These are just a few examples of wild moves with no fundamental basis. Would anyone like to add other examples and/or try to explain the cause of these moves?

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