InvestorsHub Logo
Followers 7
Posts 677
Boards Moderated 0
Alias Born 03/13/2010

Re: RealDutch post# 214

Tuesday, 04/11/2017 2:04:20 PM

Tuesday, April 11, 2017 2:04:20 PM

Post# of 328
true what you say, however many of those I held onto simply went to nothing, or next to nothing, practically overnight. Was there any writing on the wall? Actually in few there was but in several nothing at all. I still have some GRO which currently is under suspension and probably will never traded again until relisted somewhere else, if ever. LTF, SIHI, WKBT, AMCF, TBET basically went Poof Overnight. Nothing's safe with any of the Chinese stocks whatsoever.... everyone's a sitting duck, if not an outright fraud. I thankfully sold most of my CCCL a few years ago and probably booked an overall gain... but those times are long, long gone, and all these Chinese stocks as you know are basically looked at, and treated as, outright garbage. I even have a few shares of GURE in my acct., which has a really good strong market for their products but the shares have continued to be manipulated, shorted for years and still suffering. If these shares are truly desirable and worth something to the companies themselves they wouldn't let them be decimated for so long, or be delisted. Probable truth is they are being manipulated down as these guys are cashing out. They go dark, get delisted, and/or revoked. All the IPO, PP's, and/or secondary money raised is in the company's to keep. The insiders have stuffed their pockets and they do not care whatsoever going forward. They've made money kept all the proceeds raised. Just by touching these things ones lucky not get wiped... that's why I really need to tread very carefully. Wow that's just blowing off some steam, sorry for being so long winded. Best of luck to you Dutch.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.