Shares & Derivatives
Sold Yangzijiang
By Sillyinvestor  •  May 29, 2014
Just to update readers here. I just sold all my shares of YZJ. I am not sure if anyone follow me to buy YZJ, but nonetheless, my reason, your call. This news is the trigger:

Rail company calls for investigation into shipbuilding tycoon Ren Yuanlin

http://www.sinoshipnews.com/News/Rail-company-calls-for-investigation-into-shipbuilding-tycoon-Ren-Yuanlin/3w3c2686.html I believe Yuan to be a capable businessman with good connections with local government. Nonetheless, I like to hold on to more cash to await opportunity. Apparently, the news is already 2 days old, but market do not care. I care though. Ren is the key factor in the YZJ equation ......
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By Sillyinvestor
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