Phil Anthropy

Man Sang Holding: A Little Chinese Pearl

Investors in this company mght wish to review the history of a similar stock, JADE, which has done well recently. There is nothing wrong with these kinds of companies, but I might offer a few cautionary comments. When insiders control the company, business decisions could be made to benefit the officers, not the shareholders. Thinly traded stocks may have large percentage moves up or down very rapidly as a result of good or bad news, or some analyst's opinion. My experience has been that if the company has a sound business plan, the stock price will eventually go up, either slowly or else in fits and starts. These kinds of companies sometimes remain locked in a trading range for a long time, and in that case could be traded short-term with covered calls or even with trading buys on dips and sales on crests.