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Re: All Luck post# 74622

Monday, 03/14/2011 11:34:02 AM

Monday, March 14, 2011 11:34:02 AM

Post# of 94785
YONG, only problem is future short attacks
The shorts never really blasted YONG for the, what was it $20 or $30 million, acquisition of its distributor's customer list. I expect that to come.
I also heard from an analyst who used to cover YONG that he didn't like the lignite mine (which still isn't operational) acquisition either.
Typically $$ going out the door to questionable acquisitions would be the tell-tale signs of fraud.
You might think Yong having big 4 auditor would protect them, but with both CCME and CAGC halted, not so much...
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