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  • China: What a Real Bear Market Looks Like [View article]
    Best bet here is to stick with the true, quality earnings companies and avoid the rest since their earnings are not sustainable. BIDU and CHL are true growing companies with legit business models. A dry-cleaning outfit that had massive earnings per share results last year due to "income from investment activities" as opposed to "income from operations" is not doing so well now, as you can see. I do own a few others and update my portfolio regularly at EverydayFinance, but I don't recommend jumping in now on speculative Chinese stocks thinking you're buying on a dip. There could very well be another 30% down to go.
    Apr 17 08:59 am |Rating: 0 0 |Link to Comment
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