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Re: Toxic Avenger post# 1430

Saturday, 10/29/2011 12:25:58 PM

Saturday, October 29, 2011 12:25:58 PM

Post# of 2470
I was not referring to shorts, shorting CSGH. I was referring to the big name writers (Muddy Waters, CitronResearch, to name a few) that have attacked the larger cap, high priced stocks in the China sector, like Longtop, DEER, APWR, and the entire sector as a whole in the process.

I have no problem with their current auditor, but if they change auditors I will sell immediately on that news, as it will be bad news, not good news as you seem to think.

The stock hitting a new low this past week or so, while most others rallied hard, is enough to chart a path to 10 cents (or something near there) if year end tax loss selling hits on a down day in December, on low volume.

One of the things that makes it profitable to be in stocks, is that the market can be extremely irrational in bear and bull markets, for a long time. But sooner of later, they correct. I will be delighted to grab all the cheap CSGH shares I can if it goes low enough, as I am in this one for the long haul back $1/share

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!