MicroCaPicks

Served fresh daily

Energy Stocks Fuel Chinese Small Caps to Record Highs

Posted by admin On March - 28 - 2010

China OTC Player submits:

By Platinum Tiger

Heavy accumulation early last week drove up the prices of Chinese energy company stocks like L&L Energy (LLEN) and Longwei Petroleum (LPIH.OB) by an average of 9 percent, leading the 35 issue Rising China Stocks (RSC) index to its highest ever weekly close. With a 3.2 percent gain for the week, the index far outpaced the S&P 500, Russell 2000 and Shanghai Composite indices, winding up with a 16.4 percent gain so far this year.

Complete Story »

Comments are closed.

SUBSCRIBE