China Microcap Basket Trade Update - Part 4

Microcap Speculator submits:

NOTE: This is the final installment of a 4 part series. Read part 1, part 2 and part 3.

Sky-Mobi Holdings (Nasdaq:MOBI)

Like Bona Film Group, MOBI was a busted IPO. It priced far below the $8-10 expected range, and went nowhere but down for the first five weeks of trading. When that downtrend broke MOBI became a very strong risk-reward play. I caught just under $2 of the move, clearly taking profits too quickly. Outlook: after taking profits, I am out of MOBI. No plans to repurchase.

Tianli Agritech (Nasdaq:OINK)

You gotta love the symbol for Tianli Agritech (OINK). OINK was a huge winner last fall, and has now returned back to support. OINK just reiterated FY 2010 earnings guidance of $.90-.92 per share, and projected an increase to $1.04-$1.14 per share in FY 2011. Outlook: I just added Tianli Agritech to the China! microca p stock basket. I think


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