Your question whether to sell or hold is not difficult to decide.

Now you have to do your homework and plan well before you jump into the sea that promises you with good fishes but not forgetting that there as many sharks too that can kill you.

Look at other stocks and their potential then compare it with Ying Li's (this is where you have to do your homework). If you think the former can yield a good profit within your expected time frame then why keep your money in Ying Li.

But I am sure there are many good potential stocks to buy and no need to hang on to something that you are not sure (or most likely brings you nowhere or even drags you down further in the short to middle term.

YOU DECIDE.
(You cannot discover new oceans unless you have the courage to lose sight of the shore)

This is the lesson that you must learn from this trade.

My advice: Do not play with stocks

1. If you have no time to check and do your homework
2. You do not have a plan (MUST have an exit plan even before you enter a trade)
3. Do not buy stocks in a rush and have no time to monitor
4. By just listening and acting on some recommendations.
5.......................
6.......................
7....................... etc.

At the end of it, you may find that it may not be worthwhile playing with Stocks as iPunter has been continuously advocating every now and then: Do not play with Stocks.

Of course there are some silver lining, but this will take years and many many bad mistakes before you are experience enough to beat the odds and MIGHT have the chance (no guarantee) to grab some.

Good Luck

This is it. China Property counters r very bearish right now. personally i think Ying Li has more or less bottomed out. It might go another 1-2 cent more but thats it.(of course if its a huge amount one two cent matters ) E question here is wherether or not this counter will bounce back. I think it will but not in e next few months. it might take more den two years n if u dun have the holding power i think you should either hold on to what you have and leave it and invest the rest of ur ave money down on other counters first. Just in case I am wrong and this counter get hit again and slide further or if you just wanna cut loss and just bite the bullet and sell n reinvest whatever money you get back in a more probable counter.

I myself am still holding on to this counter because i still believe in it,I do not need the money and I am only holding 10 lots. I dun mind parking it in and just let it sit and monitor n wait out this bearish time. But even I think that now is not the time to ave down on Ying Li. Long term its still a good counter but short n mid term no.

Please bear in mind i am still learning myself and have never consider myself anything so this is just my sincere thoughts on this counter. I am not calling on anything and hope it helps.

I accept your explanation, it is at least more down to earth.

No hard feelings Cheers!!!

iPunter      ( Date: 09-Jun-2010 17:36) Posted: You do not understand what I am saying... What I wanted to say is " Do not play stocks"..,     unless you know the stock market well...        because if you yourself don't even know to hold or to sell,            you are not ready to play stocks.                (Stock market is not "play-play",  it's your hard-earned money) So how can this be considered 'rubbing salt' ?

OMG. You still holding to this bugger even after it drop more than 50% from your purchase price!?

This is a tough question you post to us.

Ying Li is not a good stock to hold long-term. It's a trading stock, better for short-term trading.

The market is volatile now, in the short-term it may stay flat or goes down further. In the long-term, the market will goes up.

The market has already beaten quite low, so if you sell now, you definitely selling at a loss and at a bad time too.

The problem is, even if the market is to pick up and goes into a Bull market, Ying Li would probably be the last stock to run. And it would take a long time to reach your purchase price of 0.80.

You got 2 choice.

1. You sell on the next surge and switch to a better fundamental stock. Try to recover some of your losses thought a better stock.

2. You hold and wait for this stock to run. Average down later and hope you can turn this losses around. But, you'll need to have a lot more capital and to keep a very close eye on this stock.

Good luck to you.

Very chim, got say like never say

you not even helping this guy.

Pls dont rub salt into the wound.

iPunter      ( Date: 09-Jun-2010 17:00) Posted: I wouldn't venture to advise you on what to do... This is because  Buying or selling is equally risky ... But I can offer all the following 'universal wisdom'... Before you even start playing stocks,       you should have studied and understand more           about the nature of the stock market.              Because the stock market is all about managing risk,                   not making money, though that will be the result                        if you manage your risks expertly...