China Small Cap Stocks: Should You Buy, Sell, Or Simply Stay Away?

Kurtis Hemmerling submits:

SEC probing into USA listed China small cap stocks is splashed all over the media right now. China Digital Media (CDGT) is front row center for a SEC pump-and-dump scandal, and the on-going argument of accounting differences between SEC and the SAIC reports continues to be publicly debated.

20 percent of the China-based, USA listed, stocks (45 out of 227) that show up on FINIZ screener have over 10% of their float short. The top 6 stocks have between 30 60% short which are: China Shen Zhou Mining (SHZ), Yingli Green Energy (YGE), RINO International (RINO), China Dangdang (DANG), Telestone Technologies (TSTC), and China-Biotics (CHB).

These 13 stocks have fallen over 20% in the past month:

  • (CHBT) China-Biotics, Inc.
  • (DGW) Duoyuan Global Water Inc.
  • (CAGC) China Agritech Inc.
  • (XNY) China Xiniya Fashion Ltd
  • (AMBO) Ambow Education Holding Ltd.
  • (HTHT) China Lodging Group, Limited
  • (XRS) TAL Education Group
  • (OINK) Tianli

  • Complete Story

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