CPSL earning...ouch

[dicarcz]

Ouch, not so good. Glad I didn't buy too much and am in it for a longer term profit.

http://www.marketwatch.com/news/story/10-q-china-precision-steel-inc/story.aspx?guid=%7B75CE919D%2DD276%2D4A21%2D83A4%2 D0A51EDDA39DC%7D

[microhedge]

Indeed a surprise... especially for me as I was out to lunch with my wife for Valentine's Day!!!!! Got to return to just a tiny negative :mad: in my account... did they do that on purpose?

Well, you know what they say when a good swing trade turns sour... ?

"It's a good long term investment anyway" :turtle:

Hmmmmm... could just be true for this one:cool2:

[MrSer]

This was one my first stock i held. Brought in at 10.80 and sold 10.46 a few MINUTES later. Thank god for that. I have since learned a lot and i would stay away from this stock. They're many other better plays out there go out and look. I recommend using www.fool.com. Helps by other people giving their opinions and rating the stock. That site has also helped me a lot. Shame about cpsl. Personally i don't think China will grow as rapidly as people think. I do believe they will be growing at a faster pace than the rest of the world for a while. Good luck on other calls.