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selfdestruct2 (58.56)

Hanging on

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July 20, 2011 – Comments (1) | RELATED TICKERS: CPSL

Does anyone have any thoughts on China Precision Steel (CPSL) ? Is there a chance it could make a comeback ?

1 Comments – Post Your Own

#1) On July 20, 2011 at 5:42 PM, HarryCarysGhost (99.74) wrote:

Doubt it. It's an RTO.

At this point I would probably let the shares ride depending on how much you invested.

I got burned by a couple of these suckers, luckily I knew enough to treat them as speculative.

And I read somewhere that it's a good idea to hold onto at least one share of a company you sold, so I am the not so proud owner of CCME,HEAT,NEP.

I think the best way to invest in China is to find an American company that does buisiness there and pays a healthy dividend.

Oh well live and learn.

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