Thursday, October 1, 2009


A couple of people I follow like CSR.

Another China name breaking below the 20 day MA.

Now why should I buy?

 They've got a lot of debt which I hate, they have a lot of dilution which I hate more.  I don't really get all the GAAP vs. non-GAAP earnings situation.  Also -- it's pretty big - over $300m market cap.

 The best bigger cap small cap I ever bought was RINO.  It had a much better feel.  My instincts say CSR is a no-go.  So I say no go.

 Believe it or not, at this moment with the Dow -140...  my portfolio is down less than $100 and would be green had I not jumped into NEP with both feet... and promptly had my feet cut off.

No comments: