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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (42611)	5/13/2011 2:38:42 PM
From: Jurgis Bekepuris	Read Replies (1) of 78469

Although I still hold positions in CHL, GAME, CYOU, PWRD, the new scandal of Alibaba shifting assets of Alipay from its books and therefore robbing a valuable asset from Yahoo does not inspire confidence even in the biggest Chinese companies. I had my reservations about Jack Ma before even though he came out as a crusader against fraud inside Alibaba. Now my reservations seem to be confirmed. I guess Yahoo is not such a great buy as Einhorn and some posters on this board thought. Well, the risk of investing in special situations. :/ Refs: bloomberg.com chinadaily.com.cn

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