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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (2474)	11/28/2012 7:24:33 PM
From: RockyBalboa	1 Recommendation Read Replies (1) \| Respond to of 3862

Time for a change (in general, perhaps not for Great Wall): bloomberg.com Reverse MergersThe Bloomberg Chinese Reverse Mergers Index (CHINARTO), which tracks the 81 Chinese companies that gained U.S. listings after buying firms that already trade, has tumbled 68 percent since the end of 2009. Companies including China MediaExpress Holdings Inc., an advertising company listed through a reverse merger, have been delisted after Block exposed financial irregularities. “Carson’s really is a victim of his own success here,” Eric Jackson, managing partner of Naples, Florida-based Ironfire Capital LLC, said by phone. “His greatest successes in shorting Chinese stocks were these very small reverse-listed companies, and, partly because he’s done such a great job of pulling back the curtain, those companies are by and large gone now.