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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (42889)6/1/2011 5:50:10 PM
From: Dale Baker   of 78744
 
if we lose confidence in auditors then no one will invest in anything.

That's my approach to most China stocks now; once their growth story comes out from under its current slowdown cloud, I might go for some large caps there again. But I wouldn't touch anything selling into their local market with a short operating history as a public company. Not worth the risk when I can look for similar companies in countries with better audit records.
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