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Headley Lamar

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Headley Lamar

Re: joenatural post# 337

Wednesday, 05/18/2011 1:04:41 PM

Wednesday, May 18, 2011 1:04:41 PM

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Integrity of the numbers ? About like everything else in this space ......

So true. It gets more cloudy when even the seemly legit companies won't buy back their own shares at PEs under 4, and heck, sometimes even under 2 or 1. Many of these Chinese CEOs have a lot to learn about capital markets and fiduciary responsibility. I had hoped that the most recent RTO shakeout would have modivated some of them to wake up, but I guess that was wishful thinking.

Thanks for the response.
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