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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Area51 who wrote (41333)2/3/2011 8:34:53 PM
From: Mr.Gogo  Read Replies (2) | Respond to of 78656
 
I have a very short history of investing, but what I experienced is something outrageous. It is possible that they are not right( the company is legitimate). I think that people who participate in this market should be held accountable for their actions. If they cannot be prosecuted, they should not be allowed to participate on the market. Good luck with suing someone in China. Also the auditor should be held responsible by the SEC, because if we cannot trust anything then I don't know how normal people can invest. I lost some money and I payed my lesson, but I don't know how to overcome the fact that I cannot trust the audit from Deloitte. And I can understand that somebody may have got a bribe to close his eyes for 10-20%, but 400% is criminal. I am very curious how all this will end.

Good Investing,

Georgi