3 Chinese Stocks to trade NOW!

Sky-mobi Limited (MOBI):  Love companies without too many shares outstanding and a solid business plan. MOBI has been hit hard by shorting. This is great since the shorters covering mixed with late coming shorters who get "squeezed" mixed in with fresh buying should give this a very nice push. Im waiting for buying to start coming in then I think you can grab a nice $2 off the table safely...
  Shares shorted have increased from 123.56K to 622.80K month-over-month, which is a change representing 6.89% of a 7.25M share float. The stock is exhibiting strong upside momentum - currently trading 41.32% above its SMA20, 75.77% above its SMA50, and 127.1% above its SMA200. The stock has had a couple of great days, gaining 18.15% over the last week.
Trailing stop of 15% just to be safe...

Harbin Electric, Inc. (HRBN): Another low float Chinese company. News reported the CEO had the financing (2 weeks ago) to take this company private in a buyout....with it near the 52 week low, I think this is a nice one to ride the uptick on! Grab it under $18 if possible and look to exit before the $20 resistance.

Industrial Electrical Equipment Industry. Market cap of $612.19M. PEG at 0.37. P/FCF at 8.42. Net institutional shares purchased over the current quarter at 1.6M, which is 7.97% of a 20.07M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.2). The stock is a short squeeze candidate, with a short float at 32.29% (equivalent to 14.37 days of average volume). The stock has lost 12.86% over the last year. 

KUTV- This one is a little trickier. Made such a huge run on major increase in volume and was up nearly 100%. Now everyone is grabbing profits and shorts are screaming in...but this has a low float, great exposure on NASDAQ and is primed for another run. A stock like this will usually reverse from its open. Just like today...it ran up, but finished at the bottom. If it opens down big (under $5.50), I think it finishes Friday up and is a great entry. If it opens on an uptick I would hold off till next week to ride it. Good luck.
Always use those trailing stops!

Updates on last few picks

Sorry I did not keep you updated on the last two trades... I like telling people when to get out as well as buy.
AVVC is done. High risk. Hit it for a nice 10% gain, but re entered with terrible timing and got hit with a 13% loss. It was a total pump and dump. I made the mistake of still trying to grab a profit after the flyers and emails went out (its too late then).

Same with SGLB. Grabbed a position at .11 only to stop out at .09. However it dropped to around.055 and buying came flooding in, so I grabbed a position at .068 and closed it at .098. Now its sitting at .03 a couple days later. Shouldnt mess with P and D's.

EBIX was a good short if you kept the trailing stops.  You might have gotten stopped out April 1st...if not you are now in the money. It continues to bleed and edge lower! What a great pick it became. I think its headed below $20 if it can break the resistance.

Finally the Japanese Shorts are paying off! Took a month but they are all declining nicely if you have a short position

GLUU has been a GREAT buy and trade. Pick up shares in the $3.65 range if it dips. Its a solid company and people have been trading in and out.

Remember always use your Stops!