MonHo

China Precision Steel: This Rollercoaster Will Climb Big Hills

P.S.

I use to subscribe to Barron's and it profited me nothing. So my take on Barron's article for big boys club; not small investors like me.

China Precision Steel: This Rollercoaster Will Climb Big Hills

For my disclosure, I'm long on this stock. Can any one tell me any investment stock of any kind any price is risk free. So challange your risk tolerance and live with it.

For risk(minus the street noise)/reward, I am in the camp of this article. Let me add one more thing. Capacity utilization, as I understand it, is at only 50%. So add this to the margin.

Another consideration is IPO (the smart money,i.e. institutional investers) price when CPSL was out. They paid $10 and change per share. So, I think smarter money is anything below $10 with its current potential.

I'll be laughing all the way to the next big and better things from the CPSL reward.

Aberration in Clear Thinking by JP Morgan

What a gloom and doom! DOW at 10,000! No way. I very much doubt it will go blow 11,500 at best.

Analytically, we can justify anything. Even the the drug trials. As for me, it is my gut feeling.