"i would agree with you only if i didn't see this happening across the board in the china sector. many company's are in the same boat."
That is a very good point, and part of the reason I am long on several of these stocks, but timing, and buying the bottom fear peak is the part of the game with these right now. I already weathered the storm on one of the first ones that got drug through this meat grinder 2 years ago (CGYV), and it made a 500% gain off the bottom when all the financials were finally redone and reported, and it turned out the final numbers did not really change much. It took Deloitte over 18 months to redo 2 years of old reports (they insisted on redoing them first!!!) plus the new report they were originally hired to do.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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