Howie’s All Time Highs: China Automotive Systems $CAAS

China stands for Chaching again these days.

I avoid most Chinese stocks because I can barely trust America. That said, price is price and the money is fllowing into Chinese equities the last 6-9 months.

Check out China Automotive $caas and you tell me that all-time highs can’t easily beget more all-time highs. Keeping it simple is hard.

What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower. – William O’Neill