Biotech Values

[BiotechValues]

re: "How can one trust the financials?"

That's a great question when it comes to Chinese stocks- from microcaps to large caps, I went through the land mine of these stocks in 2008-2011- even had a boutique IR firm called China Growth Partners see Bloomberg

After first-hand experience in meeting with management of some of these Chinese companies, I don't trust any of them any farther than I can throw them.
The fact is, even if their numbers are real (and in some cases of course, they are), there are still too many other great investments out there that both employ Americans and have financials I can trust more readily.

Since this is a Biotech board, I'd like to call attention to one stock, SRNE, that loooks like it could be the next JUNO.

I wrote about it on my new site if interested:

http://microcapresearch.com/sorrento-therapeutics/