Why I sold my China positions

New visitor? Consider subscribing by RSS or by email.Like many microcap traders, jumping in and out of the dozens of U.S.-traded Chinese microcaps has been my bread-and-butter over the past few years.
Until now.  Something has changed, and until I get a better sense of how severe the [...]

HQ Sustainable Maritime (HQS) leaps on earnings

Chinese tilapia producer HQ Sustainable Maritime (Amex:HQS) is swimming against the tide.  While most microcaps are in the red today, HQS is up almost 40% on blowout earnings.
Sales were up 42% year-over-year, and up 55% sequentially.  Net income grew 62% year-over-year to $5.6 million, or $0.43 per diluted share.  That’s up from $0.38 per diluted [...]

Picking through the rubble, part IV: China 3C Group (CHCG.OB)

(this is the fourth post in a series.  read earlier posts about my purchases of Secured Digital Applications (SDGL.OB), NetSol Technologies (NTWK) and Art’s Way (ARTW))
#4: China 3C Group (OTCBB:CHCG)

Description: China 3C Group is a wholesale distributor and retailer of computers, mobile phones and other communication products, and consumer electronics in Eastern China.   It [...]

Quick Hits (KVHI JADE PTSC.OB SYNL CHCG.OB)

Worth reading:

KVH Industries Inc. Q2 2008 Earnings Call Transcript - Seeking Alpha - KVH Industries (Nasdaq:KVHI) posted record Q2 profit despite slumping sales in the RV division.
LJ International Inc. Announces Filing of a Universal Shelf Registration Statement - So tiny LJ International (Nasdaq:JADE) with a market cap. under $45 million intends to sell $100M worth [...]