News Focus
News Focus
Followers 90
Posts 8838
Boards Moderated 0
Alias Born 07/27/2005

Re: mlkrborn post# 25622

Tuesday, 03/15/2011 6:53:12 PM

Tuesday, March 15, 2011 6:53:12 PM

Post# of 34471
I have no interest in your stock, but the headline of "The Street" left me with lots of memories about a stock I once owned that Herb Greenberg bashed, and ended up being correct about.
I lost my ass on this one, but have recovered a hundred fold since this 2001 debacle.
http://www.thestreet.com/story/10005744/through-the-looking-glass-with-acln.html
-----------------------
NEW YORK (TheStreet) -- A day after China MediaExpress(CCME_) revealed that its former auditor believes the company is worthy of an investigation into possibly dubious accounting practices, a handful of small-cap Chinese stocks sold off sharply.

Fraud allegations have buffeted share prices among these names since last year, as more of the investing public begins to doubt the integrity -- rightly or wrongly -- of financial statements emanating from the People's Republic.

Of course, on Tuesday, the nuclear crisis in Japan and the broad and vicious slide in equities around the world didn't help Chinese small-cap names.

If you favorite stock is trading at .0001, or under SEC investigation, it is way past the point of being called a
*legit* investment.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today