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Re: redman_2014 post# 40582

Tuesday, 05/11/2010 9:25:10 AM

Tuesday, May 11, 2010 9:25:10 AM

Post# of 94785
CCLTF - Despite that, the current valuation is too low even accounting for that potential risk.
He he, well he hasn't specified why he thinks the risk is overdone - investors are big on whys not so big on being told not to worry.

The Chinese shorters have made a property the central plank of their theme and any investor needs to have reassurances on that. His two points for low valuation are SPAC and OTCBB and I think that these are secondary to the housing market.

ANYWAY, I don't want to appear picky as the piece helped me understand the company better.

rich

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