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Strategies & Market Trends : Value Investing

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To: InvestingInChina who wrote (30709)4/20/2008 9:57:03 PM
From: Paul Senior  Read Replies (1) of 78673
 
InvestingInChina: I put LTUS on my watch list after Jurgis Bekepuris mentioned it here:

Message 24499759

I saw the earnings announcement, and I'm trying to scoop up a few shares at a little lower price. Better-than-expected earnings apparently, and stock has moved up almost 50% from a month ago.

Aside: I see where this stock was mentioned here last year as your favorite here for 2008:

Message 24124528

The price is about same now as then. Maybe I'll just place an order around current price.

Tiny company, and I'm not so confident of Chinese accounting/reporting. So very small position for me only. My preference is to buy a package, so I'll continue to hold CHME.ob. OTOH, if/when some of these companies do well or if/when they capture investors' imagination, the stocks can do very well indeed. As the people here (not me!) who bought or had internet SINA, etc. in 2000 can attest.

Aside: Lotus Pharmaceutical (LTUS.ob). Different from the all-you-can-eat restaurant chain LTUS, discussed here a few years back.
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