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

To: Spekulatius who wrote (42086)	3/31/2011 10:31:04 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78704

I publicly say it here: YOU WERE RIGHT. I WAS WRONG. As of today, I don't have buy orders for Chinese RTOs, I am liquidating my existing positions (some of which are halted, so not going to liquidate for a while). Spek 1 - Jurgis 0. :)

To: Spekulatius who wrote (42086)	4/8/2011 9:00:25 PM
From: Madharry	Read Replies (2) \| Respond to of 78704

another one bites the dust.might have some more implications for breen murray- PUDA coal. a chinese based investor and former accountant says that the chairman and i guess the board illigally sold the operating entities to a different company 98% controlled by him. yet Breen Murrray subsequently did two stock offerings raising additional cash for PUDA based on what would appear to be fraudulent financial statements. He goes on to question the extent of BMs legal due dilligence before going ahead with the offering. Now I dont know what the law is in china about pilfering from a company that you manage, but I can see a bunch of lawsuits and may be a couple of public executions over this one. As an investor its distressing when one cant rely on an audited financial statement as being remotely accurate. But perhaps this will be yet another wakeup call for auditors and investment bankers to do their jobs more carefully. after skimming the article it would not surprise me to see puda coal drop sharply again on monday.

To: Spekulatius who wrote (42086)	4/12/2011 3:01:04 PM
From: E_K_S	Read Replies (2) \| Respond to of 78704

Re: Gulf Resources, Inc. (GFRE) Stock topped my % Volume Increase/ Avg screen with 3x avg volume. Down almost 9% to $4.65/share. Is this one set up for a trading bounce? You had pretty good luck on your previous call. Typically I will wait for a lower low on lower volume. This may be one to pick up in a few days when the volume settles down. Out of my GSXJ ETF trade which is down with Gold. Booked a small profit. Obama to speak tomorrow about the LT deficit and budget which may impact the views on Gold (if there is a proposal to actually cut Tri$$ions). QE2 may also end in June which could have some effect on LT interest rates. I continue to believe the value trade is setting up in several of these smaller E&P stocks. That's what I will be looking at. I have also sold all of my leveraged MLP funds (ie SRV) as the downturn is amplifying their NAV losses. Their NAV premiums (as high as 20%) should disappear fast. I expect SRV to be in the $9's once they go ex dividend next week. Looking to put the proceeds into TPZ (currently selling at a 3% NAV discount) or just holding the cash. EKS