Thursday, September 20, 2007

Market Watching: Another Day; Another Chinese Stock Goes Ballistic as Daytraders Play - China Southern Airlines (ZNH)

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Psst buddy, want a stock up over 40% in 3 days? Up 100% in 18 trading sessions? Think I'm talking some penny stock? Nah this one is touching $100! And a nearly >8 Billion Market Cap. I can sneak you in... it's a airline stock to boot.... what's that? Not profitable this year? Not a problem! Think 2012 estimates! (suddenly I have 1999-March 2001 flashbacks) It's deja vu, all over again....


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