News on China Stocks Isn't All Scary

Rames El Desouki submits:

It's that time again! U.S.-listed China stocks have reached new lows and the sentiment couldn't be worse. Most longs have been scared away, sitting on the sidelines, and shorts are looking for new trading ideas on a daily basis. The sector has been demonized by a group of self-proclaimed "research firms" nobody has ever heard of before 2010, including Muddy Waters LLC, J Capital or LM Research. And influential financial media like Barron's, TheStreet.com or CNBC are joining the fun by covering the China sector with an almost exclusively negative bias.

This development doesn't come as a surprise, though. As I wrote back in November , the downfall of RINO International (RINO) set a precedent of Chinese fraud on the NASDAQ and would likely be exploited to the utmost degree. You can bet your house on the fact that every serious short seller group on the planet spent the month


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