For the first time, I’m going to take a chance on a Chinese stock: China Automotive Systems, Inc. (CAAS).

They popped up on my “screen” looking very intriguing, so I actually took a fairly large position in it this morning–after selling off a portion of some of my recent “winners” (I sold off about one-third of my MFW and NVEC, which have been doing very well–I wanted to lock in some of the profits and raise money for the CAAS purchase).

Lots of people buying cars in China these days.

Good luck!

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