16-Jun-09
our worst fears of china bearing fruit
the bad news today regarding the transparency of APWR have made me close out all my chinese positions. This is at a considerable discount to where i was holding them even yesterday. I realize this may be an overreaction but i cannot continue to hold these chinese shares. This is really screwing my investment universe and will have to go back to the drawing board. I find it really hard to totally abandon adr's but i will have to at least stay away from the chinese ones until i find out what is going on with APWR.
Thank you and sorry again for my poor performance of late. I would reccomend following jim hodges in the meantime.
Tagged Stocks: APWR
Posted at 13:13 in Market Report | Permalink | Top
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