Longwei Petroleum (fka LPIH)

[honestengine_rh]

Now what: Longwei's stock currently trades at $1.17, even after today's gain. Diluted earnings per share for fiscal 2011 were $0.61. If that strikes you as silly, that's because it is. Investors are still deeply skeptical of small-cap Chinese companies trading on U.S. exchanges thanks to the cadre of Chinese companies that turned out to be frauds. That means that many stocks are trading at what look like absurd multiples. What's the solution to bring back confidence again? This Fool simply doesn't know. However, what I do know is that the companies that are proven legitimate will likely prove huge winners for investors.

The answer is dividends.