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Pennyperson (< 20)

China = Pain or Gain?

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February 12, 2010 – Comments (2) | RELATED TICKERS: YTEC

It appears the China Market is not the place to be at the moment and in the RW I’m sitting out in 2010 and staying away from Chinese stocks ~ too scary. However, when you see things like (YTEC) Yucheng Technologies take a “Slap Ya Mamma” beating ~ and thankfully I didn’t own this. It could be the time to buy it ~ tons of cash ~ virtually no debt ~ able to survive the storm so to speak. 

Have any thoughts on the China market or YTEC?  I’m all ears. 

PP

2 Comments – Post Your Own

#1) On February 12, 2010 at 12:52 PM, stockjock11 (72.34) wrote:

i like chiniese food

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#2) On February 12, 2010 at 2:42 PM, Ticker007 (< 20) wrote:

YTEC is interesting at current price levels; I definitely have it on my watch list. Yes, I agree China is a hard read as of late, better sail to Brail. I see you’ve recently added QXM to your list which is a company/stock that appears a bit scandalous? But, your pitch (crap shoot) may turn out to be (cap points).

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