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Down 32% already!!! wtf is going on with this stock?
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??
Couldn't find any significant news on it.
Do you think this this a good opportunity to buy???
Also, if you are interested in China's market than you may want to look into FXI, it is an ETF. Below is the description
iShares:FTSE/Xinhua (FXI) Change Symbol
Price: $61.49 -0.52 -0.84% Vol: 201,300 1:23 PM ET 8/24/2005
Basic Information
Style n/a Asset Class Equity
Market Cap Classification n/a Inception Date 10/04/2004
Investment Policy
The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua HK China 25 Index. The Index is designed to represent the performance of the mainland China equity market that is available to international investors.
Investment Information
Avg Daily Vol 214,500 Market Cap 1,113,079,500
Expense Ratio n/a Net Assets $1,001,000,000
Dividend Rate % 0.00 NAV $61.82
Dividend Amount $ n/a Premium/Discount 0.31%
Ex-Dividend Date n/a Shares Outstanding 17,950,000
Detailed Information
Management Co BARCLAYS GLOBAL FUND ADVISORS Primary Exchange NYSE
Administrator BARCLAYS GLOBAL FUND ADVISORS P/E n/a
Turnover n/a P/B n/a
Beta n/a
Top 10 Holdings
Company Name % of Total
Portfolio Dollar Value
(in thousands)
CHINA MOBILE (HK) HKD0.10 10.93% $10,940.93
PETROCHINA CO H CNY1 9.32% $9,329.32
BOC HONG KONG HLDG HKD5 7.96% $7,967.96
SINOPEC CORP H CNY1 6.33% $6,336.33
CNOOC LTD HKD0.02 6.22% $6,226.22
CHINA LIFE INSURAN H CNY1 4.12% $4,124.12
PING AN INSURANCE H CNY1 4.00% $4,004.00
CHINA TELECOM CORP H CNY1 3.98% $3,983.98
CHINA UNICOM HKD0.10 3.92% $3,923.92
HUANENG POWER INTL H CNY1 3.79% $3,793.79
Total: 60.57% $60,630.57 -
I tried to buy more today at .51, but for some reason scottrade isn't acceping buy orders any more on this stock. they said it's because of the broker they go through isn't accepting them. i'm pissed. i'd buy more at .51 or around there if you can.Comment
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I just bought some on Ameritrade at .51 centsComment
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Originally posted by loc33
not sure what happened today, but i know it will go back upComment
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i read that, but it didn't seem like bad news???Comment
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Must be that profits are down since costs went up.Comment
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If Your Serious Stock Purchaser And Not Just Chasing Penny Stocks, Then Drop Some Coin On Skyworks, Swks, Will Be Double Digits By This Time Next YrComment
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Originally posted by BUD GREGG
i'll check into itComment
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It's a great stock, i've been holding on to that one for about a year nowComment
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