Quote from pumpanddumper:
Check out LOCM too for a momentum play to $8+
I traded that baby too. but it is not Chinese related. I was in and out too quick too.
09/24/2007 10:58:15 Bought 100 LOCM @ 6.28 -633.00 ---
09/24/2007 10:58:58 Bought 4700 LOCM @ 6.2974 -29,603.02 ---
09/24/2007 10:58:58 Bought 1300 LOCM @ 6.3 -8,190.00 ---
09/24/2007 11:26:49 Bought 8000 LOCM @ 6.3 -50,405.00 ---
09/27/2007 15:07:05 Sold 100 LOCM @ 6.72 666.98 ---
09/27/2007 15:07:05 Sold 3617 LOCM @ 6.71 24,269.69 ---
09/27/2007 15:07:05 Sold 10383 LOCM @ 6.7 69,565.03 ---
I am trading NINE, SDTH today in USA time and trade Soymeal in China time. I work 14 hours a day.
Those traders in Chinese stocks are from China directly. Mainly from Zhejiang. I trade with them and againt them all the time. Their tape is very easy to read, because they are not used to US markets. They still use tagtics in China.