China Growth Stocks

[GorillaGorilla]

CKGT - indeed but, ultimately, the GAAP earnings don't matter. Even though it confuses people a lot.

The last time this was discussed the board came to the conclusion that Non cash chargers, and other nonsense, were ficticious accountancy charges - I think CKGT was an example and certain people were saying that they made a "loss" and everyone was scared before opening, however, after a few minutes sell off CKGT was back again.

I don't see how the board can now argue it's made extra "profit" and that it should be treated as "real" profit.

I think what we've witnessed today is people running away from what they perceive as "risky" stocks, not US, rather than looking at long term value.

rich