Sorry for the fans of China Fishery. It is one disappointment after another for the company. The latest results created a disappointment among investors and the latest bad news was regarding its illegal fishing rights in Russia. The news article is here.

The above chart is the weekly chart of China Fishery Group. Here are my original entry and exit postings and my afterthoughts. It is always heartening to have some “anonymous” reader who warned me about the Russian fishing rights even before the news broke out. (Read the comments section in the entry posting). The link to that particular comment is here. Don’t know who you are but thanks :)
Lesson 1 – Analysts
The incident also brought to mind another lesson which i shared previously. The analysts don’t get it. (Maybe most analysts don’t get it, to give credit to the better ones). At the time of my …