1. company with real business in China (must-to-have)
2. company recognized by public with a top10 rank at least in its respective industry sector (must-to-have)
3. company with its own competitive technology, products and etc...(nice-to-have)
4. company business categorized to fall into an area with less intense competition (nice-to-have)
5. decent profile of company management (must-to-have)
6. less exposure having been made to US investment community (must-to-have)
7. shares outstanding not as large as 30-40m and the public float better to be within the range 5m-10m...low stock price for sure (must-to-have)
by the way, one think we have to be careful when you see there is a big wording of CHINA in the company name that we think it is a company big while, on the contrary, it is nothing great in actual fact in china.

Again,
1. treat buying stock as buying business ownership
2. stay away from short-term trading & gambling, enjoy life
3. stay/buy low-profile
4. do a few stocks, do them well

Goal
1. find 3-5 opportunities each year
2. hold at least 1 year
3. minimize # of trades, <20 per year
4. achieve 30-100% gain per year

One more point:
1. Never buy a stock into business down trend (must, unless forward p/e<10)
a. in a stable or a fast-growing industry (must)
b. business growing yoy or qoq (must)
c. buy turn-around after turning around (must)

When to consider to buy after the reverse merge?
Wait until the stock price gets stabilized.
Several indicators:
1. after first 10-Q
2. after 424b3/424b4
3. volume picks up
Samples:
CFSG: 424B4 1/3/07
WATG: 424B3 11/8/07
FSIN: 10-q
CAAS: 10-q
SYUT: 10-q