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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (1899)9/16/2014 9:19:42 AM
From: Jerome  Read Replies (1) | Respond to of 26745
 
Hi Kirk, Following is a good article about fraud in the Chinese stock market.

finance.yahoo.com

I would stay clear of the Alibaba IPO...... But others with like some Chinese stocks to go with their Oriental Carry out lunch. Good chance you end up with heartburn.



To: Kirk © who wrote (1899)9/16/2014 10:42:07 AM
From: The Ox  Read Replies (1) | Respond to of 26745
 
JMO,
Many bought GTAT in anticipation of a pop after the AAPL media circus. I would expect the selling to be short lived but the dumping to take it lower than the fundies would imply.

I wouldn't expect a huge rebound in the short term but for it to "climb back to normal" over the next couple of months......