Somehow I get the feeling that the next few months for Chinese stocks will be similar to the last few months for REITs. Anyone else getting that feeling?
The recent run-up in Chinese stocks trading in the US is crazy -- and in some instances, literally insane.
Take for example TSL. January 2007 lows at 17 a share reached a high of 51 -- IN ONLY 2 MONTHS!!!
These stocks should fall in a non-Bull market and should plummet in a Bear market.
Any thoughts?
The recent run-up in Chinese stocks trading in the US is crazy -- and in some instances, literally insane.
Take for example TSL. January 2007 lows at 17 a share reached a high of 51 -- IN ONLY 2 MONTHS!!!
These stocks should fall in a non-Bull market and should plummet in a Bear market.
Any thoughts?