Monday, February 06, 2006

Sold To You: China Natural Resources (CHNR)

This morning I sold short my first stock in my young trading career (15+ months). China Natural Resources (CHNR) is sold to you my friend. This could be one of the worst companies in Wall Street history with the exception of and a few others. When a company changes their name to deceive investors and then the new company name has nothing to do with the business. I will throw a red flag CHNR and sell it short on both fundamental and technical analysis. I am just starting to get my feet wet with shorting stocks.

Note: I am short CHNR


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