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China stocks are getting frothy.
What look like d CEO, chairmen Di (hokkien word is "blind" for short term gain)well a sign of relief and even regret if px for today, closed at $0.415cts, up +1cts tell something about what he did to his own company and even more expensive to lose control when it px shoot back above 50cts.
I agree! Chinese stocks have a lot of hype.
China Paper crashing again today
The continued sales go against management assurance that the directors are confident of the company's outlook and don't intend to sell more.
The inconsistency between promises and actions is one of the perils of investing in China companies.
expensive toilet roll paper gone wrong and making worst by big boy, i mean big share holder who sell their trust & take profit jus like temasek holding, so ppl don't like it in any way, so sell ,sell, sell, di dong down to closed at 405cts, imagine when one throw a toilet roll paper. U can see it goes up and down, up and down as it goes side way, so tmr can see d up and down will not be that great any more.
Kim Eng has downgraded China Paper to a sell with target price of $0.37. The directors (major shareholders) sold 16% of the shares. This may signal that all is not that well.
ahaha... really become toilet paper...
where got every is Sunday, a healthy sign that today paper start d ball roll for China stock that run up alot to take some profit, rest and will go again.
Just a reminder, got some profit, take some profit and leave some for other. Yah...don't jus every cheongg...can die 1 and buy with ur mean hoh..
Toilet paper liao , immediate support level 42/435cts, if it ok end at 45/46cts, next level will di dong at 395/40cts or at 455/465cts level.
Paper chase up , paper $$$ chase down, gone liao, big boys run oredi.
Insider selling of 36.5% of issued share capital on 4-4-06