SuperCharge (81.41)

Big Bubble in Little China?

July 27, 2009 – Comments (2) | RELATED TICKERS: CHCG.OB , FXI , GIGM

Big Internet Bubble in Little China?

I don't think so, at least not on some of the individual asia small caps.

In case you missed it, "the number of internet users in China is now greater than the entire population of the United States after rising to 338 million by the end of June. China's online population, the largest in the world rose by 40 million in the first six months of this year" (1).

Reading news like this only throws painting the town red at my bullish sentiment on stocks like GIGM & CHCG. You never know until it happens, but in SuperCharge's opinion, investors owning both these stocks at or near todays prices will be happy shareholders indeed within 1-5 years. By all means reply with any related favorites &/or if you agree or disgree with these picks.

As for the big bubble, do note that the "Contrarian Edge" has given strong reasons for treading cautiously around eastern waters with "the China Bubble is on the way" (2).

1. http://bigpondnews.com/articles/Finance/2009/07/26/Internet_users_in_China_soars_356113.html

2. http://contrarianedge.com/2009/07/25/the-china-bubbles-coming-but-not-the-one-you-think/#more-1156