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Varchild2008 (84.39)

Varchild's just about HAD IT! with China Stocks

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April 06, 2010 – Comments (5) | RELATED TICKERS: SVA

First you have (GAME) producing sensational Q4 earnings and the share price takes a plunge because of disappointing forward earnings projections from the company....

Now we have (SVA) reporting sensational Q4 earnings.....and the share price takes a plunge because of disappointing full year 2010 earnings projections...

Nevermind the fact that Sinovac Biotech surpassed just as they said they would their 2009 earnings projections quite handily.....

Nevermind that they will surpass their conservative earnings guidance in 2010.........

Promise low.....deliver high.......    That's what a lot of China Stock Company's do.....

And yet Wall Street continues to punish the crap out of these stocks for missing "Whisper Numbers" on forward earnings outlooks.

Aaaaaaarrrrgggghhhhh!!!

Hey.. I've been in some disappointments with American Stocks..... Sure.....  But this is insane...  especially when I took a massive hit in 2008 off of (FEED) AgFeed Industries.....

That's 3 times in a row!!!     Well.... I am thinking... 3 times and I'm out of CHINA.

5 Comments – Post Your Own

#1) On April 06, 2010 at 7:19 PM, memoandstitch (< 20) wrote:

GAME price looks pretty good after its drop.  Selling now would not be the best move.  But look, even Google cannot make money in China.

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#2) On April 06, 2010 at 8:18 PM, caidencollett07 (29.71) wrote:

I have a feeling China stocks may make a short-term push.

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#3) On April 06, 2010 at 8:37 PM, jdlech (< 20) wrote:

As a long term holder of PWRD, I've also been staring in disbelief.  It's a company making money hand over fist in China, but I'm watching it slowly sliding downward for no good reason at all.

It's a good thing I consider PWRD one of those 'hold until retirement ' stocks.

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#4) On April 07, 2010 at 8:03 AM, Varchild2008 (84.39) wrote:

"GAME price looks pretty good after its drop.  Selling now would not be the best move.  But look, even Google cannot make money in China."

Well I had to sell GAME for an extremely slight loss due to my dollar cost averaging.....because I am buying a house.

If I wasn't buying a house I'd be pouring tons of cash into GAME right now.

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#5) On December 07, 2010 at 2:04 PM, zzlangerhans (99.75) wrote:

Looks like Wall Street was right about Sinovac. Huge downward earnings revision for 2010 and probably won't even make that.

Promise high ... deliver low. That's why Wall Street is backing away.

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