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Re: therivetman post# 9904

Wednesday, 01/12/2011 11:22:40 AM

Wednesday, January 12, 2011 11:22:40 AM

Post# of 34471
I don't think there is enough evidence one way or the other to make a determination if Zach is short CCME, only he can clarify that. That said, I understand his general disposition about Chinese small caps. Anyone who took the basket approach has likely been badly burned several times by now.

I've followed Zach's posts in the past and he seems to be a very level headed and reasonable guy. He probably got burned by some companies that he trusted, which can be an eye opening experience.

CCME seems to be apart from other Chinese small caps and investors are sifting through the garbage that is out there and are finding that CCME does indeed pass muster. That said, the best amongst the worst is still bad in many peoples eyes, sort of an omission by association approach to investing. It just takes time to overcome that stigma and the vetting process is well under way for CCME and it is starting to shed that stigma day by day.

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