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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (30714)4/21/2008 11:16:33 AM
From: InvestingInChina  Read Replies (5) of 78682
 
Hi paul,

I tend to agree with your lack of confidence in accounting on some of the Chinese micros...but the same can certainly be said of US stocks as well- large and small...unfortunately.

At any rate, if LTUS' numbers are correct/real/accurate, then it's undervalued by about 100% here IMO- even given it's OTC/China stock discount PE. With Maxim Group kicking the tires in last weeks conf. call, there seems a very real possibility that LTUS will get it's first institutional recommendation soon. Always nice to be in before that happens.

Anyway, GL

And thanks for your work on this board. It's a good resource for me.
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