Chinese related stocks have gone ape shit to the upside again. Back in the old days, I’d call such stocks “Chinese Burritos.” I’d encourage you pikers to “get your share,” and I still do. The great thing about Chinese Lotto is that everyone is a winner. You simply deposit coin into the Chinese Lotto machine and a small fortune is won, nearly every time, thanks in large part to sweet unabated communism, coupled with nefarious accountants. I joke. I kid.
Some of the household names that Dad discusses at the dinner table are Baidu.com, Inc. (ADR) [[BIDU]] , Sohu.com Inc. [[SOHU]] , PetroChina Company Limited (ADR) [[PTR]] and Ctrip.com International, Ltd. (ADR) [[CTRP]] . But they’re old hat. We want new lotto winners.
By the way, today’s lotto winner is [[FFHL]] .
Some chicoms to monitor ever so quietly include: [[HEAT]] , [[YONG]] , [[CMFO]] , Fushi Copperweld, Inc. [[FSIN]] , [[GFRE]] , China Medical Technologies, Inc. (ADR) [[CMED]] , [[GSI]] , VisionChina Media Inc [[VISN]] , AirMedia Group Inc. (ADR) [[AMCN]] , [[CTFO]] and [[CHNG]] . I could go on and on. I have a great PPT screen here (oh, you’re not a sub, so fucking sorry. har, har, har. No robster for you).
The point here is this: eat your supper while it’s still hot. Don’t live your life always wanting. Chinese Lotto will not last forever. But it’s here now you stupid bastards.
At any rate, aside from that, the market looks fine at these levels. I am not scared of double dips or poor employment numbers. I am sorry but those sort of things are irrelevant at a time when BROKEN ROBOTS and coked out traders are running this market higher.
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V.King was here first ..and comes 1st
Shouldn’t the title be “Pray Chiiineseh Rotto?”
Check this one Fly: DGW
Here is a China Company to watch- China Technology Development Group (CTDC).
It’s the perfect China play for the following reasons:
Has the word Technology in it’s name
Does solar stuff (I think) although it started out owning a couple of car washes
Has changed it’s name about 3-4 times in the last 5 years or so
Books are probably cooked to the positive side
MoMo traders go nuts on it to the upside every once in awhile
The major execs have cool names- Li,Qian,Lu,Zhang, and Kang Li.
They started out making 3 fingered gloves.
Two thumbs and a pinkie?
Maybe they wanted to sell to Chinese Doctors for prostate exams.
LDK was a glove and shoe maker prior to getting into the solar business.
http://online.barrons.com/article/SB119162915757750853.html?mod=9_0031_b_this_weeks_magazine_main
Solar manufacturing also creates toxins which the Chinese dump into the environment.
Clean energy is killing the Chinese.
http://blogs.physicstoday.org/newspicks/2008/03/chinas-toxic-waste-in-solar-en.html
LOL TraderCaddy !
How about some Bank of America lotto with 18 DEC calls at 8 cents…I don’t think they will let BAC get punished for paying back Tarp. They want Wells and others to see that if you pay back the Tarp you it’s good for share price. With two weeks until expiry these lotto tickets straddled with some almost free BAC 14 puts can make for an entertaining couple weeks.
Fly – What are your thoughts on HQS?
$LTUS buying this Chicom lotto play on any dips.
All in on FTK…… hehe
For TMOE:
Yesterday I sold some puts on IPI and bought some calls on JASO
I posted both of these on RC’s blog when I did them since they are his ideas
Al Gore cancels lecture during COP15
I hope that lying fuck goes broke.
He won’t go broke…he INVENTED the INTERNET.
CHWM – Small, not well-known, China telcomm (Wi-Max), otcbb company. Just had some good news this week regarding getting their fiber ring “lit” in Beijing. Hasn’t seen shit for volume, but could go places…buyout down the road?? It is what it is…Chinese Lotto ticket.
Liking JASO on volume.
Anybody know of any of these (or other) Chinese Lotto plays that might trade on the TSX?
thx
Well, if you want a Chinese gold lotto play –
Inter-Citic (TSE:ICI).
Just saying.
thx chanci, I’ll check it out….
Yeah, for sure check it out. I bought it today, but I have done some really stupid things, so don’t go by me.
Looks like the financials are forming a rare onstar doji joey bag of doughnuts on the 5 minute charts.
This can’t be good and are FTK’d.
CGA
http://ibankcoin.com/henry_fool/2009/12/03/cga-update/
My TOL shorts are looking really nice. I knew that jump in November was bullshit.
Clearly someone forgot to deliver the daily wheelbarrow of coke to the traders on the street. Paging Pablo Escobar…I repeat, Paging Pablo Escobar… Please meet your party in the OEX pit before 4pm. Thank you.
CHL(China Mobile) is lagging. ACH is stuck in a range. I am watching these 2 closely. Hot things like CTRP, BIDU or RINO are too hot for me now.