China Growth Stocks

[funmaxus]

I've had an ongoing discussion with tothe regarding my belief that RPDM had been NSS. I specifically became interested in RPDM due the sudden pps drop, which coincided with the NSS at that time. At that moment, we didn't have access to any information which could clearly resolve our questions regarding if there was in fact NSS going on with RPDM.

Since that moment in time, we have since became aware of a "certain investor" which decided to depart and sold all shares. There was a management problem, which hopefully has been resolved. A sister company under investigation, which has since been cleared/satisfied. Oh yeah, and the PR in the fall indicating that a buyback was going to occur, and then the massive dilution. Exactly which combination of factors contributed to the sudden 1000%+ drop in price for RPDM I'm not sure, but the stock is cellar boxed. (Please bear in mind that I averaged down and am now "long" by default and I'm not bashing, just stating facts. If I believed that the stock was completely useless and without merit, I would have sold at the first price drop instead of buying more all the way down to the very ugly bottom).

But for now, back to the points you raised regarding NSS, I'm not convinced that NSS isn't still occuring, bring up http://failstodeliver.com/default2.aspx and type RCCH, which was the other stock which I brought up for discussion with tothe. Going back to when I had the discussion with tothe, 4Q wasn't available and the NSS has since continued to climb, and that is the reported numbers. To your point raised, perhaps it is less prevalent, but I still think that it is an ongoing situation, which by default has been built into the system and cannot just simply be regulated out that easily.

I think that tothe and I were also having an ongoing discussion regarding being able to detect NSS via the charts available to us without having to wait for the official FTD chart to be made public. This point, we tried to ask the chart gods for advice and while we received a very detailed description of the charts for RCCH and RPDM, I'm not certain we have been satisfied with trying to come to a conclusion. On this matter, any input is welcomed by myself as I'm sure tothe would appreciate as well.

Notwithstanding, both stocks have lengthy issues and red flags and until such time that the issues can be corrected, both will be stuck in the cellar. If/when they are corrected they should theoretically increase in value and potentially (hopefully) climb back out of the cellar. However, it certainly isn't a guarantee, and investing solely based on a NSS chart would be considerably poor investment advice. Which of course reminds me: Always conduct your own due diligence before making an investment decision and carefully consider your risk tolerance, especially with the above mentioned stocks as both should be considered very risky investments. I'm not an investment advisor nor pretend to be.

Hope that helped explain my take on the situation. Best of luck to you!

Just My Opinion. Good Luck To All.

-funmaxus