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 [...]

Quick Hits (NMKT.OB ALOT ICTL JADE BMD IBIN BNX NOOF)

Worth reading:

NewMarket Technology, Inc. Grows Revenue to $43.7 Million in First Six Months of 2008 - NewMarket’s (OTCBB:NMKT) income is up but revenue growth slowed to 7%. Shareholders could see a repeat of 2007, where the company began the year with very aggressive revenue forecasts and spent the second half gradually lowering projections.
Astro-Med Again [...]

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 [...]