GFRE,
Jurgis, I will look for more information, but not speaking or being Chinese I feel am at a disadvantage against oh 1.3 billion people or so. Here is what I could discern so far. The top holders, including the Chairman of the Board are Chinese and have not been selling, although I don't see the CEO or CFO owning shares, which bothers me a little. My overall exposure to the company gives me a gut feeling that the company is not a fraud. However, unlike George Bush, I am not willing to make a big gamble on a gut feeling.
gcrispin came up with some good links, which I think are the best leads at this point in determining the validity of the company. I also note Madharry has done analysis on the stock and his ideas have served me over the years.
Side note: You admit yourself you are buying stocks owned by the Yahoo pump and dump crowd, so at least you are being honest about playing the greater fool theory.
By the way, I have seen any real analysis on these Chinese stocks from you -- why don't you do what you recommended me to do and post something substantive. Of if I missed the post, my apologies --- please let me know the prior links.
MC |
