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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (41571)3/2/2011 3:54:34 PM
From: Mr.Gogo  Read Replies (1) of 78921
 
What I mean is that all Chinese reverse mergers look too similar, too good to be true. And it is very difficult to prove their assets and their cash flows. They can increase their earnings as much as they want. This is why IMO this is more a speculation than an investment. I followed you in CCCL and sold it very shortly after it got listed on Nasdaq. I saw their website tried to listen their conference call. It is not a website of a 90mil$ company. Maybe I am wrong, but usually where there is smoke, there is fire.

Georgi
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