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China Precision Steel, Inc. Message Board

  • cabogordon cabogordon Oct 18, 2007 3:53 PM Flag

    My 2 cents: not a shareholder

    just by looking at volume today , sellers are being met by buyers. filling the gap from last 2 week run. forming new base. china stocks are out of favor today, traders are in metals, oil and some bounces in banks. momo will return to china plays soon enough. its all about money flow and sector roatation. not to familiar with cpsl other then rev growth is solid, some dilution , which is normal ( 2mm is not that huge ) china is largest steal producer and user, 10 yr run ahead. i do like GSI a tad more, just because its better positioned for growth. anyway, don't let the shorts scare you, be a contraian.

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