Chinese stock market collapse

[gib]

So all those Chinamen who became super rich are now becoming super poor.

Well easy come easy go.

But get this, over 1000 Chinese companies "suspended their shares from trading" simultaneously, for the reason "big project pending"!

Who would ever trust putting their money in China now? You can't get it out!

Bodybuilding related as China is the biggest steroid producer in the world...

[Tapeworm]

But get this, over 1000 Chinese companies "suspended their shares from trading" simultaneously, for the reason "big project pending"!

Who would ever trust putting their money in China now? You can't get it out!

Uh oh.  Fire in the disco.

[Hypo]

Wrong. Only the greedy fuckers are broke. Retail investors got ripped off for the most part. China's SE is now bigger than a casino because of deregulation and allowing multiple trading accounts for retail investors. Stocks were trading at 120 P/E, which is ridiculous.

China has a rule that will suspend trading if the price falls below a certain percentage.

[240 is Back]

Late 1980s copies of FLEX Magazine are trading at 75,000 P/E, which most would agree is reasonable.

[2Thick]

I've always invested very lightly there. They cook the books, have poor quality controls, and you can literally wake up one day and learn that their government has taken over any companies you've invested in.

I learned my lesson about China with CNEP - lost several grand there permanently.

Diversify!

[_aj_]

I've always invested very lightly there. They cook the books, have poor quality controls, and you can literally wake up one day and learn that their government has taken over any companies you've invested in.

I learned my lesson about China with CNEP - lost several grand there permanently.

Diversify!

Fuck diversification...all you need to do is buy the fucking dip!

[2Thick]

Fuck diversification...all you need to do is buy the fucking dip!

That's what SHE said!

[Emmortal]

Those 1000+ companies who stopped trading were forced by the government to do so, they didn't chose to stop trading on their own.  On top of that, as a last resort measure, the government today issued a statement that they would be arresting short sellers who were profiting from the crash which caused a huge rally in the market.

Only in China would you get arrested for using a perfectly plausible market mechanism.

[FitnessFrenzy]

I've always invested very lightly there. They cook the books, have poor quality controls, and you can literally wake up one day and learn that their government has taken over any companies you've invested in.

I learned my lesson about China with CNEP - lost several grand there permanently.

Diversify!

x2

[loco]

"Roughly half of all listed companies have pulled their shares off the market. That wouldn't be allowed in the U.S., but it's permitted in China.

China is trying desperately to control the crisis. The government has given money to brokerages to buy stocks -- and ordered company executives not to sell their shares. New company listings have been suspended. The central bank has cut interest rates to a record low."



http://money.cnn.com/2015/07/09/investing/china-crash-in-two-minutes/index.html?iid=hp-stack-dom

[_aj_]

Those 1000+ companies who stopped trading were forced by the government to do so, they didn't chose to stop trading on their own.  On top of that, as a last resort measure, the government today issued a statement that they would be arresting short sellers who were profiting from the crash which caused a huge rally in the market.

Only in China would you get arrested for using a perfectly plausible market mechanism.

They can extend the rally by executing any retail sellers of stock. It'll be uphill all the way from there.

[El Diablo Blanco]

Wrong. Only the greedy fuckers are broke. Retail investors got ripped off for the most part. China's SE is now bigger than a casino because of deregulation and allowing multiple trading accounts for retail investors. Stocks were trading at 120 P/E, which is ridiculous.

China has a rule that will suspend trading if the price falls below a certain percentage.

Facebook has a P/E greater than 80.  They had $15 billion in revenue and $1 billion profit yet are worth more than Walmart which had $400 billion in revenue and something like $30 billion in profit.  lol  Fuck the stock market.

[pissant]

Facebook has a P/E greater than 80.  They had $15 billion in revenue and $1 billion profit yet are worth more than Walmart which had $400 billion in revenue and something like $30 billion in profit.  lol  Fuck the stock market.

this just proves the market isnt rational which is great for investors. Sounds like you are just too foolish to understand this. Markets are a result of human psychology, nothing more nothing less. Humans are fallible..You arent really some genius cause youve found out the markets aren't efficient mechanisms to determine value lol.

Honestly sounds like you are 20 years old (or 40+) and trying to be smart...You come across as idiotic though. And you also sound like a retail investor. Number one thing youll hear at cocktail parties full of doctors and lawyers is "MARKET IS SO RIGGED", "MARKET IS SO DUMB BLAH BLAH".

Inefficiency in price allow a real investor to have opportunities. If everything was priced perfectly there would be real reason to invest...

[_aj_]

this just proves the market isnt rational which is great for investors. Sounds like you are just too foolish to understand this. Markets are a result of human psychology, nothing more nothing less. Humans are fallible..You arent really some genius cause youve found out the markets aren't efficient mechanisms to determine value lol.

Honestly sounds like you are 20 years old (or 40+) and trying to be smart...You come across as idiotic though. And you also sound like a retail investor. Number one thing youll hear at cocktail parties full of doctors and lawyers is "MARKET IS SO RIGGED", "MARKET IS SO DUMB BLAH BLAH".

Inefficiency in price allow a real investor to have opportunities. If everything was priced perfectly there would be real reason to invest...

Huh, here I was thinking that the market was the purest determinant of the actual value of something. The intersection of supply and demand.

BTW, with all of the government intervention in the form of QE, POMO and FX shenanigans, the markets ARE rigged.

[El Diablo Blanco]

this just proves the market isnt rational which is great for investors. Sounds like you are just too foolish to understand this. Markets are a result of human psychology, nothing more nothing less. Humans are fallible..You arent really some genius cause youve found out the markets aren't efficient mechanisms to determine value lol.

Honestly sounds like you are 20 years old (or 40+) and trying to be smart...You come across as idiotic though. And you also sound like a retail investor. Number one thing youll hear at cocktail parties full of doctors and lawyers is "MARKET IS SO RIGGED", "MARKET IS SO DUMB BLAH BLAH".

Inefficiency in price allow a real investor to have opportunities. If everything was priced perfectly there would be real reason to invest...

I take it you own facebook stock?  I bet you also own bitcoin.

[pissant]

Huh, here I was thinking that the market was the purest determinant of the actual value of something. The intersection of supply and demand.

BTW, with all of the government intervention in the form of QE, POMO and FX shenanigans, the markets ARE rigged.

no market isnt rigged bro. Its human nature. Name 1 market that isnt "rigged". The key is to determine how , to what effect, and when will it end.

[pissant]

I take it you own facebook stock?  I bet you also own bitcoin.

no..and noo...

Im a pure value investor i determine value based on free cash flow or "owners earnings" and how it relates to the market price of a stock.

[Hypo]

There's no doubt there is irrationality in the markets. The question becomes what happens when they start to become rational and who profits from it?

[pissant]

Will humans ever become rational? Kinda a dumb question.

[El Diablo Blanco]

There's no doubt there is irrationality in the markets. The question becomes what happens when they start to become rational and who profits from it?

That's typically called a correction.  The last time that happened the .com bubble went pop.

[pissant]

That's typically called a correction.  The last time that happened the .com bubble went pop.

uh..no the last time that happened the real estate market went pop. Are you retarded?

[loco]

uh..no the last time that happened the real estate market went pop. Are you retarded?

Give White Devil a break.  He must have gone into a coma right after the .com bubble burst and woke up last week.

[pissant]

guarantee hes that annoying guy who thinks he knows everything about whats going on but is completely clueless...we all know people like that.

[Tedim]

stocks are a shit investment....so many better investment vehicles if you're not the sheeple cabal

[thegamechanger]

a better investment vehicle would be a brand new car, thats what im gonna buy