Sino Grandness

[Greenrookie]

haha.. you got me. Now I am vested in Sino Grandness, China Minzhong and Dukang Distillers. Seriously considering to liquidate all tomorrow.

Maybe switch them all to Yanlord and Yangzijiang. The only 2 china stocks that pay a consistent dividends and have solid cashflow.

Buy companies that have listed companies or at least renowned companies as customers, its easy to track the purchase and sale from both sides. For YZJ, the main products is ships, you can track the contracts it entered into with most of its customers as they are also listed, there are also third party shipping news website that track the industry ship building, so I have 2 sources to confirm if there deals and announcements are real.

But to be honest, I have no way of tracking its 12 billion HTM. I think its a good idea to just chill and reflect, better to take a short break from the trading.

I was all emo when I lost almost all my savings in CAO, and felt conned by QIngmei's Chairman who keep selling its stake, so to make good my loss, I brought more of Hu An cable and Fuxing, big mistake! Lost even more, its not a good idea to buy or sell when one is feeling down. Take a break, the market will always be there.

Take care