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 [...]

RealMoney picks HQ Sustainable Maritime (HQS)

RealMoney contributor John Reese is out with an article highlighting HQ Sustainable Maritime (Amex:HQS) as an agricultural stock to watch.  The piece echoes many of the thoughts discussed here in September, when I posted that HQ Sustainable Maritime looks attractive.
Reese writes:
With a market cap of only about $50 million, HQ is a micro-cap stock, which [...]

HQ Sustainable Maritime (HQS) looks attractive

Shares in Chinese tilapia producer HQ Sustainable Maritime (Amex:HQS) were hammered after reporting a loss in August, losing more than half of their value.
At current prices, I think that the stock looks attractive, especially considering the operational update that HQ Sustainable Maritime issued this week.  In the update, CEO Norbert Sporns stated:
I am extremely pleased [...]