I am stockgnenius (Eric) who translated Tom'sletter. After the CCME experience, I am not so sure about my alias anymore. But this is the alias I chose, this is what I am staying with.
I have a long position of an unknown amount. I will know that by Monday if you know what I am talking about.
What a difference one week could make! At this time last week I was in China, riding CCME-present buses and estimating the ridership and revenue, getting confident that there was an viable business behind the ferocious short sellers and some what awkward management who does not know how to communicate with investors. I thought I was joining the crusade of defeating the evil short seller army attacking this precious Chinese stock once and for all.
Today, I woke up at 5:00AM after struggling with jet lag for two hours. I found the best use of my time was to translate the letter into Chinese. Tom's letter was very well written so the translation was not too hard. When I translated the letter, I did it as if I was talking to a brother who deviated from the right teachings of our parents: "Come back to the light side, Mr. Cheng. despite all your wrong-doings, we still love you".
Honestly I do not know whether Mr. Cheng is on dark side right now. I am prepared for the worst, but I am hoping for the best.
After all, shorts and longs seem to be all in Mr. Cheng's hands now. His attitude and action will determine who win and who lose in the war.
To me the war is not over yet.
I am a Chinese and I fight against fraud.
