China Growth Stocks

[cleezdeez]

I like your style man..drop your nuts, spread your bets and let 'em ride.

I actually believe even the "zeros" have value simply because there's always an outside chance things get cleaned up, like what it appears FUQI is trying to do.

Many of these companies may have overstated assets or cash flows, but beneath the fabrication is some truth unless it's a full on facade. Even Sino-Forest has SOME assets. (hell of a bounce today BTW) Of course they also have debt so I'm not arguing the equity has value but some of these debt free "frauds" do if there's any business underneath.

Even RINO trades around 50 cents and they've gone dark. Why is that? I'd argue that price is the "loosely approximate" expected value of RINO cleaning up and resuming "real" business. (which is also the reason it's slowly trending down -- the longer they stay dark, the less likely they resurrect themselves JMO)

Anyway..nice post.