I am not buying into any of the financials yet I am waiting on them to find the bottom. I would rather lose some profit and wait for them to start back up.
It is my understanding that the guy from China who made that comment does not have the power to do what he is saying and this is not the first time he has overstepped his bounds in his statements. Also if you are serious why tip your hand on what you feel is a bad investment. I would start the move out first then let it be known because if you feel it is that bad then anymore bad news would just cost you more lost money.
On a side note my fertilizer company did good in a poor market. Potash ticker POT has been very good to me lately. I wish I could say the same for Cisco
