Champion of the World, have you entered yet?
Champion of the World, have you entered yet? Date: 9/29/09 12:30 PM
I am currently in 5th place picking mostly Chinese growth stocks on Caps contest: Champion of the World.
If we were allowed to close picks and add more than 100 picks I could have easily gained another 50% on my current 1,912 point gain in the contest.
I could have added LIWA, CPBY, and others which I missed originally.
Most of the gains were because of how amazingly cheap some Chinese stocks got during the 2008-2009 crash. Stocks like JST, HRBN, FUQI, VIT, CFSG, ACH, BIDU, CPBY all crashed over 50% from 2007-2008 highs by early 2009.
CPBY is still one stock that is 50% off its highs of 2007-2008.