One stock that I would not buy unless the price of oil drops a huge amount is Petrochina. They will make ever increasing losses due to the governement using it as a subsidy tool to control inflation.
Its a no-go, the very reason why Buffet sold out when he did.
-
One stock that I would not buy unless the price of oil drops a huge amount is Petrochina. They will make ever increasing losses due to the governement using it as a subsidy tool to control inflation.
Jun 14 04:37 am
|Rating:
0
0
All Comments by James Lewis »When and Where to Go in China [View article]
Its a no-go, the very reason why Buffet sold out when he did.