CHATROOM

7 Chinese Brothers

December 5, 2007 at 9:00 pm
by Timothy Sykes

Watch these 7 free video lessons on how I became a millionaire

They’re baaaaaaaack—the ever-so-volatile Chinese stocks, that is. After surging exponentially in late September/early October and gradually retreating ever since, these stocks are now moving higher once again:

China Architectural Engineering (AMEX: RCH), a $519 million manufacturer of building systems

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China Finance Online (Nasdaq: JRJC), a $493 million provider financial information provider

jrjcdec07.png

China Natural Resources (Nasdaq: CHNR), a $364 million mining company

chnrdec07.png

China Precision Steel (Nasdaq: CPSL), a $325 million steel processor

cpsldec07.png

China BAK Battery (Nasdaq: CBAK), a $242 million battery maker

cbakdec07.png

Origin Agritech (Nasdaq: SEED), a $177 million farming company

seeddec07.png

E Future Information Technology (Nasdaq: EFUT), a $31 million maker of supply chain software

efutdec07.png

Disclosure: No positions

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  • LamWal

    what do you think about ramr?

  • YoungGunz

    Looks like I’ll actually be fully productive at work today. :)

  • TheParadox

    ramr – finance – tim no play

  • TheParadox

    im starting the room “darkcloudcover” on moznet/mozilla.org for IRC. you can goto mibbit.com for a web based client or use ChatZilla – a Firefox extension for IRC connectivity.

  • Dan000

    DTG??

  • tamimkhan

    long sirg 2.35

  • tamimkhan

    thats supposed to read SIRF

  • Reaper

    Tim, if it makes you feel any better, I got in CHCI starting yesterday (horrible entry at .60). Covered my position this morning for a small position and then got back in short. Small position, but it’s lunch (and dinner) money.

  • Cyn

    thanks to all that answered my ?’s yday. i really appreciate it!!! =)

  • Reaper

    I should point out that I am now #1 on Motley Fool CAPS … http://caps.fool.com/player/everydayinvestor.aspx

  • Cyn

    hey reaper that’s CooL!!

    ok looks like i can finally start sellin short!!!!!!! yippee!!!

    sooo..which timalert tip do i start with??? …the one i can find shares in..LOL

  • Cyn

    if i can get some shares of chci to short…is that still recommended?
    Cyn

  • Reaper

    CHCI a little long in the tooth now … could still fall a lot more, but risk/reward not as good.

  • tamimkhan

    There are no recommendations here CYN, you have to do the research on what everyone else is posting

  • Cyn

    i understand that..bad choice of word..=)

    just wanting to do my 1st short…i’m like a kid ridin a bike for 1st time die’n to do it but scared i’ll fall. LoL. just excited..doesn’t take alot to make me happy! & finally have’n acct. set up to short is one of’em. LoL. =))

  • Cyn

    i’ve been on the site for bout a wk readin all that’s been happenin’ while anxiously waitin on my acct. 2B set up & the day it’s ready…tim wasn’t real thrilled w/any stocks. so i’m all dressed up w/no where to go. =(

  • AdamN

    Cyn man, you are just begging to lose some money by letting your emotions overwhelm your trading like that. Just because you now have the capability to short trade doesn’t mean you should make one immediately. I’ve been there and know what that’s like, and it’s only caused me to lose money, by being over anxious. I’d recommend sitting back and waiting for the next good setup that Tim will clearly outline one morning in his alerts. Only then, are you going to have odds in your favor at being successful at pennystocking.

  • Cyn

    ROFLMAO! u R EXACTLY RIGHT!!!!! & i know it!!! guess i was beggin for s’body to say that to me! LoL! maybe i’ll go run some laps around the farm. LoL.

  • nojobmaui

    Well said Adam. Cyn a great investment for you could be Tim’s dvd set

  • Cyn

    i agree & i want it, but just put all extra mulla in stock acct., so plan on buyin when have $. does pretty much e’body on here have it? i signed up for his alert thing on monthly base..cuz well u never know til ya C, if s’body real deal or not..so would like to do his yr deal (doesn’t that come w/dvd?)

  • AdamN

    Wow, CHFI is still tanking nicely, too bad there were no shares to borrow.

    Also, found this cool little site that tracks stock newsletters like Lebed, Sharpeyed, etc.

    http://stockreads.com/Stock-Newsletter.aspx?id=2559

    Looks like Sharpeyed is pumping COIN, which I am still short.

  • tamimkhan

    Cyn, one of the hardest things a trader has to learn to do is to sit on his hands and wait for the setup…It’s easier said than done once you have mastered this simple task you will make the best trades

  • TonyEllis

    GETG on CNBC. Why the hell is CNBC featuring a PK?

  • tamimkhan

    get ready to short some AAPL boys and Girls

  • nojobmaui

    whats jobs saying

  • nmeka

    Great advice! I’m on the same boat Cyn. Just read the wikipedia article on shorting.Dont flame me for this..whatz TOS? Wanna open an account myself.

  • nmeka

    Ignore..found it! Thanks anyway

  • nojobmaui

    fannie and frddie chair frank on cnbc full of it!!

  • Cyn

    fre/fnm on a nice lil’ rise

  • brad081

    Hi Tim.What do u think about going long on FRE and FNM. Stocks still liquid and it is likely to go up form here due to 52 week lows. LEt me know what ya think.

  • greenspan

    COIN up

  • Cyn

    greenspan,
    i still learnin here..so is this when buy COIN?

  • tamimkhan

    short coin 6.52

  • http://www.test.timothysykes.com timothysykes

    shorting cOIN is risky here, as is buying it. its choppy/messy…as i explain in ym DVD, i like clean chart patterns

  • tamimkhan

    Coin is so much of a contrarian play thats being fron run by market makers…I expect market to turn and coin to drop but tight stops at 6.78

  • prognesubis

    CYN, what is the market price of a bushel of corn?

  • Getshorty

    Cyn, stop looking for short answers, either you got to understand Tim;s system, for which you;ll need to buy his dvd, other way just stick to his alerts and follow his entries and exits, just guessing around is gonna hurt.

  • http://stocksnquan.blogspot.com stocksnquan

    brad don’t ask about fre/fnm, i asked yesterday and got assaulted. tim doesnt play financials, play at your own dd. i played the bounce and profited nicely, hopefully you did the same

  • tamimkhan

    short is on COIN is working but for the wrong reason so i m cutting loss for and covered now at 6.38 for 14 cent profit

  • Getshorty

    Incredible how coin price moves with so little volume, I guess there is buying coordnated with today’s pumping article

  • Getshorty

    No paint taping on COIN? feel kind of let down.

  • AdamN

    Closed out my short on COIN, too damn jumpy, got squeezed for a 10% loss….OUCH. I’m done playing this one for now. A lesson in greed here, learn from it and avoid it.

  • trad3rhan

    Anyone caught EMKR off Citron Research today?