China Growth Stocks

[cliffvb]

CGPI, Oh really?? I haven't heard of any recent conf calls. The last one I am aware of is back in mid November, after earnings came out. I don't recall any substantive negative info in that call nor can I find any negative posts from Drexion or anyone else about it. The SP also continued up after the CC as well. My experience with bad conf calls is that the SP starts dropping right away.

Drexion, earlier posted here that he sold out his position the day before Maj's investigation was put up on Geoinvesting. A few hours after Maj's investigation came out, he then posted that he sold because of Maj's investigation and some portfolio rebalancing, not because of any conf call. Sure must be nice to be in the inside circle!


....I wish you luck in the position, Shengli... I have a healthy respect for Maj so I wouldn't be adding shares in the face of that "tidbit" but the stock is darn cheap and maybe you'll make out like a bandit =).

-Fernando

Maj also needs to be very careful about releasing market moving information on a selective basis: I am no expert but here is some info on it:

Security analysis and insider trading: Security analysts gather and compile information, talk to corporate officers and other insiders, and issue recommendations to traders. Thus their activities may easily cross legal lines if they are not especially careful. The CFA Institute in its code of ethics states that analysts should make every effort to make all reports available to all the broker's clients on a timely basis. Analysts should never report material nonpublic information, except in an effort to make that information available to the general public. Nevertheless, analysts' reports may contain a variety of information that is "pieced together" without violating insider trading laws, under the mosaic theory.[17] This information may include non-material nonpublic information as well as material public information, which may increase in value when properly compiled and documented.

Here's that link:

http://en.wikipedia.org/wiki/Insider_trading