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Alias Born 09/01/2005

Re: None

Wednesday, 08/17/2011 9:54:15 AM

Wednesday, August 17, 2011 9:54:15 AM

Post# of 704019
Revenge of the RTOs (or, how to get your ass handed to you investing in Chinese reverse mergers).

http://wallstreetbean.com/revenge-of-the-rtos/

No way around it, this was a crappy report. Sure, revenues were up a bit, but the huge drop in net income worries us. Having your success hinge on the unreliable concentration of bromine in brine water and government-managed power supply seems kinda sketchy. We currently hold GURE at a cost basis of $7.10 per share, but may cut it loose soon.
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