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Re: eleniak post# 58761

Tuesday, 07/22/2014 10:39:01 AM

Tuesday, July 22, 2014 10:39:01 AM

Post# of 64649
Sweet Elen, looks like the MM’s went on vacation as well with the spread and volume. While it’s quiet and a holding period what do you think of the kind of research available (below) and just your general gut feeling about the level of honesty and accurate information for this issue?

NEW YORK (MarketWatch) — Short seller Carson Block says investors are kidding themselves if they think it’s safe to flock back to U.S.-listed Chinese stocks just a few years after accounting scandals triggered a stampede for the exits.

“Investors seemed to forget the lessons of 2011 by the time we got into 2013,” said Block, the founder of Muddy Waters Research and the man who became famous in the investing world two-plus years ago when a research report he wrote help set in motion the collapse of Sino-Forest Corp., a Toronto-listed firm that managed forest land in China.
http://www.marketwatch.com/story/carson-block-backs-china-short-calls-as-buyers-circle-2014-01-08

-..."flawed fraud charges” : “numerous errors of fact, false suppositions and malicious interpretations of events.” (typical co. response)

I’m sure no one (here) would like to profit from ownership in a company whose sp valuation was arrived at by insider or outsider (short and distort :( nefarious circumstance (lol). Perhaps it would be useful in terms (tou) of research and clarity for this board to exhaust every angle of honesty and propriety.

I’ll start (with a generalized overview) : I think EWSI has made some good progress in a short time. A few bumps in the road that seem to have reasonable explanation (China audit issue, 2RG purchase/legal). Other than that there has been quite a few announcements/loi ripe for reporting in due time that will confirm further progress in the same vein as Ohio, N.Y., Surf, etc,... . It’s early and cyclical like Shaku said so more patience req’d.

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