China Growth Stocks

[teomax]

" and that management wants to buy back its own stock as the current valuation is so "compelling". Yet they file a $20 million shelf today"

All those scammers (CCME, ZSTN, TSTC or GFRE) learned really fast to use a word "buyback" in order to help their own SP, while they didnt buy a single share (sorry ZSTN bought some shares and then filled for gazillion times bigger offering).
Coming from EE country with really high corruption, i was expecting to see around 40-50 percent scams in our space and hoping for multi-multi baggers with the rest, but now it looks like that number of scams is much higher.
I am expecting to see companies in the next round offering dividends in order to retain realiability only to have gazillion times bigger offerings later (already suspected KEYP and TPI with cancelled dividend).