Albatross or Canary?
CPSl (China Precision Steel) is a 5 star caps stock. It is followed by 682 members including 144 All-Stars.
CPSL is by all accounts a growth stock in China. They produce steel in the biggest emerging country on Earth.
On the surface its sounds like a no-brainer. Thus, 97% of the members following CPSL rank it as an Outperform. Only 22 (out of 682) fools have red thumbed the stock. The numbers are similar for the All-stars follwing the stock.
But here is something I find very interesting: The only members that have gotten ANY cap points on the stock (again they produce steel in China) are the red thumbs. In fact 100% of the red thumbs are positive on points and (as of this blog) NONE of the 660 green thumbs have gotten any points from the emerging market steel play.
Is it an albatross or a Canary? Hmmmm...