Stv: China Digital Tv Holding Co.

solipsismsolipsism
Posted:
in General Discussion edited January 2014
This is a new NYSE IPO that opened this past Friday. It went up 118% that day and up another 16% already today.



They appear to make a lot of money and, personally, I'd love to start investing in Chinese based companies.



http://finance.yahoo.com/q?s=STV

Comments

  • Reply 1 of 2
    nvidia2008nvidia2008 Posts: 9,262member
    "... personally, I'd love to start investing in Chinese based companies."



    Maybe you should just go to Vegas?
  • Reply 2 of 2
    SpamSandwichSpamSandwich Posts: 33,407member
    I agree (as I said in the other thread). I've been there, and I've been dealing with companies there for years. I wouldn't invest in individual companies in China, but I would buy into funds that bet on China as a whole. It is the wild west there right now and unless you personally know the players involved, it could be extremely risky for you.
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