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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (40357)	12/1/2010 11:37:23 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 79295

HRBN - that's my 0.5 takeover. ;) I sold most of my position at $24+. I am not sure if I want to rebuy. There's a bunch of allegations against HRBN - well, nowadays you're not a real Chinese company if you don't have allegations against you ;) - not clear how real. On the other side, there has been no progress with the going private. It might still be on track, but market does not believe it. I may buy more HRBN if it drops more on no news. Not sure. Right now owning Chinese company stock is like sitting on a barrel of gunpowder. Even if the company is OK in reality, any shortseller allegations push the price down a lot. I don't complain about it, since it presents opportunities to buy more, but you have to be nimble and be able to decide what's true and what's false.