InvestorsHub Logo
Followers 2
Posts 106
Boards Moderated 0
Alias Born 05/21/2010

Re: PaigeCoverdale post# 1495

Tuesday, 12/27/2011 7:06:36 PM

Tuesday, December 27, 2011 7:06:36 PM

Post# of 2470
They must be lying about their assets and the amount of cash they have. Their price to book is like 1/10 if they are telling the truth about their numbers, so they have to be hiding something or Fu has embezzled the money and has his bankers telling lies to the auditors and maybe they are in on it, too.

Yeah, that must be it. What a leap in logic. The sentiment to this whole class of stocks is very poor. The whole lot is being tossed into the same sack of fraud. Are all these companies frauds and scams? You have to judge that on your own. A little bit of common sense says no, especially in the case of this company, which we know has tangible phyical assets....