China Integrated Energy, Inc. (fka CBEH)

[Ecomike]

Somebody in another stock forum ticked me off today, they could not connect the dots on the article I posted earlier (last 24 hours) about the recent SEC and China chats about audit problems, enforcement, Audit problems, shorts, and so on. And I posted the following below in reply to several that said they did not see anything about shorts in the article...... I thought many readers that are newer, trying to connect the dots, might find my comments interesting. But let me mention that the article claimed that some China/US RM CEOs were caught between the option of telling auditors and the SEC to kiss off, or to violate criminal secrecy laws in China by making certain requested documents public domain.

What I would like to know is how the auditors crunch the same numbers, and audit the same inaccessible secret information on GE holdings in China?

Hmm, Perhaps GE is a fraud too?

For those babbling about no mention of shorts in the article, try connecting the dots. If the shorts had not shorted many of these China/US RM stocks en-mass to begin with, and then published the raging hit articles (Muddy Waters, Varian View, to name a few Alpha Seeking short attack paper writers), just when the annual reports were coming due (Note that the quarterly reports are not audited, only annuals), then the auditors would not have panicked and then asked for extra documents that could only be handed over by violating criminal statutes in China, and then the SEC would not have been bothered with this mass exodus of Auditors caused by CEOs refusing to violate criminal laws in China just to make overzealous auditors and the SEC happy. Don't you think the shorts like Muddy Waters and Varian View knew that trip wire was sitting there, and so they timed these attacks on high flyer stocks at just the right time, just before annual reports were coming due?

I can't help but wonder if that is not what is taking so long, and causing many to fire auditors, and start over, thus making them LOOK guilty (and feeding the bears in the process).

Not trying to pump other stocks, but CRTP snubbed NASDAQ and just went straight to the pink sheets recently, after trade was halted for nearly 2 months by NASDAQ over this issue. The stock opened about 10 days ago with no MMs, (talk about the wild west) at .16, has been on the rise ever sense, getting close to or at .80 already, which is a 600% gain!!!!! It is already about 30% from its prior 52 week highs IIRC.

I am still watching this one, as it looks very attractive (so do a few others I am watching closely), but 5 of the China stocks I own that are or have been in trouble have been climbing out of the cellar the last 10-12 days at a nice clip. I bought CRTP near the bottom about 8 days ago, now I wish I had bought more.

For those who have plenty of time to wait, and plenty of patience to put up with months of problems as the SEC and China, and Auditors work through the politics of this mess, I think they will be well rewarded holding some of these stocks, but I only have about 15% of my cash scattered across about 5 of these stocks so far. All my eggs are not in one basket!!!! I have each egg in a different basket!! LOL