Speculation day for Chinese stocks

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On Sept 20, 2007

ATV: up 20.10%

EFUT: up 49.92%

XFML: up 20.70%

It seems to me the domestic investors (or speculators to be precise) can not wait the Chinese goverment offically opens the H shares to domestic investors, they already came to the US 🙂

Fun Stocks

Lessons Learned from NINE

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1) Don’t jump into an IPO on its first day. Do some research if you really want to jump.

2) A controlling shareholder is also the CEO: usually not good for small shareholders.

3) One customer (Chinese goverment), one product (custome declaring software), be very worried.