Sunday, October 5, 2008

Famous Last Words

Original post date: August 25th 2008
Removed copyright content and reposted

On his China Profit Strategy weekly update on January 3rd 2008 Mr. Hsu wrote about Consumer Spending.

China's Consumer Spending Boom

As America opens up to more Chinese tourists in 2008, I expect to see more Chinese shoppers in places like Beverly Hill's Rodeo Drive and New York's Fifth Avenue. Smart retailers who understand Chinese consumers will make lots of money. This new wave of traveling and Chinese shoppers will directly benefit companies like our own Ctrip (NASDAQ: CTRP), and it will indirectly benefit Apple (NASDAQ: AAPL), Focus Media (NASDAQ: FMCN) and Yum Brands (NYSE: YUM).

It was January 3rd 2008.


YUM didn't benefit much, but neither lost much.


That day Mr. Hsu wrote "Buy AAPL when you can get it on dips under $190." but he told his subscribers to sell AAPL on January 24th. Anybody that bought it at $190 the first week of January?


Mr. Hsu wrote: Buy shares of FMCN under $62. Did anybody buy then (now -50%)?

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