Asian Trader: A Promising’ Net Bet in China
From The Wall Street Journal Asia:"Ask fund manager Ryan Jacob what he thinks about Chinese Internet stocks, and you'll get a quick answer: "One of the best long-term growth opportunities."Volatile? Yes. Politically and economically risky? Natch. "But still, dollar for yuan, one of the best plays on China's present and future growth," he says.
Jacob should know, since he's bought and sold Internet stocks all over the world in his near-decade as a money manager. His Jacob Internet Fund (ticker: JAMFX) was one of the hottest-air balloons around in the late 1990s, but assets under management, which peaked at about $300 million in 2000, later plummeted to $10 million."
posted by Johannes @ 5:19 AM
2 comments
2 Comments:
I have been investing in low dollar amount stocks for years or stocks under five dollars or ten dollars. If anyone is interested in these type of stocks just click penny stock tips. And the one thing that stands out when it comes to great value stocks or stocks with the highest potential returns' is stocks of decent companies that have very very low price to sales ratios nothing else is a better predicter of a stocks potential return nothing.
Nice article
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