This Day in Bubbles - Chinese Small Caps are Back

Well it didn't take long... a week of rallying and our old friends the Chinese small caps are full of speculators. Some very familiar names...

China Natural Resources (CHNR) +88.3%
China Precision Steel (CPSL) +37.9%
China Shenghuo Pharma (KUN) +26.5%
China BAK Batter (CBAK) +30.8%
Origin Agritech (SEED) +22.6% (chinese co.)

You know the game that worked so well when discussed in September, buy the 5 stocks that went up the most today, and they will go up on average 40% tomorrow. Welcome back to the carnival of speculation. Thank you Ben! I will have to look up the old posts to see what other fine and dandy stocks are going to be worth 50% more tomorrow than they are today - there were at least 30-40 companies of this ilk.

As I wrote in November, any one foolish enough to actually buy and "hold" these were wiped out completely [Chinese Small Cap Speculators Wiped Out] But I am sure that post, which showed 5 previous posts chock full of companies ready to take over the world, will be on everyone's hot list as we enter the twilight zone of free money....

History, just keeps repeating itself...