SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (7542)1/30/2007 8:22:44 AM
From: robert b furman  Read Replies (2) of 33421
 
This is worthy of keeping a close eye on it.

I have XM radio and after 7:00 it goes to CNBC WORLWIDE?ASIA.

A very sharp person being interviewed said that China has pumped liquidity into their system to assure the government owned IPO were successful.

He felt that as time progressed the stock values were destinned for a collapse as the companies operate to serve bureaucrats needs and wants vs a profit purpose.

When investor realize the profit scenario is far from being achieved the true waste of capital misalloction will become clear.

Don't know how correct this person was,but it does make sense.

It surely has been a lonely cry of common sense in an otherwise "emerging success/infallible winner" success story.One which preceded the collapse of all bubbles.

Remember how perfect Japan was and how the dot.com turned into a dot.bomb.

I have no doubt that China.com will give us the same global waves of lost capital.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext