JOSB 4 a Trade & Time To Buy Chinese Stocks Once Again

[SpreadDestroyerr]

FXI is starting an uptrend off of a double bottom. I am currently riding SOLF (report earnings 8/27) and JRJC (report earnings 8/28).

Most of what I do is play earnings momentum of stocks with heavy short interest. You want to buy these a full week ahead of earnings. Keep an eye on JOSB as it is over 90% short and they report earnings in September. I will update with the exact earnings date once it is announced. :toast:

 

[SpreadDestroyerr]

JRJC up over 6% today and really starting to catch fire with volume picking up going into earnings on Thursday. Options activity has heavy call volume starting at the $20 strike and going up to $25 as far as heavy open interest, while put volume is extremely light. Very bullish sign here as shorts are covering heading into earnings Thursday after the bell.

 

[ThugU]

Speaking of China, take a look at this one. QXM.

I hold this one long as well as trade it back and forth between $4.80 and $6.00 in recent months. I got this pick from a broker and rode it last year to $15 before selling at $12, and waiting for it to get below $7 to buy again. It's a great long term hold, as well as a stock that you can trade if your a trader.

Buy at anything $5 or lower and you wont' normally hold it for more than two weeks before it bounces into the mid $5.00's, just take a look at the charts, it really does waver up and down.....

 

[twjd]

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</TD></TR><TR><TD style="PADDING-RIGHT: 1px; PADDING-LEFT: 1px; PADDING-BOTTOM: 1px; PADDING-TOP: 1px" align=middle>Stocks being BOUGHTSOLD heavily by institutional investors. Click icons for analysis. Learn More</TD></TR><!-- Begin dynamic data --><TR><TD><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=ltbeige vAlign=bottom align=left><TD class=ruled width="16%">Stock Symbol</TD><TD class=ruled width="2%"> </TD><TD class=ruled width="16%">Price</TD><TD class=ruled width="2%"> </TD><TD class=ruled width="16%">Price
Chg</TD><TD class=ruled width="2%"> </TD><TD class=ruled width="16%">Vol
% Chg</TD><TD class=ruled width="2%"> </TD><TD class=ruled width="28%">Research
Tools</TD></TR><TR><TD class=ruled>JRJC</TD><TD class=ruled></TD><TD class=ruled noWrap align=right>18.75</TD><TD class=ruled></TD><TD class="ruled dataup" noWrap align=right>+0.66</TD><TD class=ruled></TD><TD class=ruled align=right>+388</TD><TD class=ruled></TD><TD class=ruled noWrap align=middle> </TD></TR></TBODY></TABLE>

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[Ichiban]

So did you purchase FXI, or are you waiting for a certain day or certain price? I know someone else that is high on this stock, so curious if/when you buy...