There should be more controls before allowing foreign company's to list on our exchanges
Yes it has been an ongoing problem with Chinese Companies and several of them have traded significantly higher and then just fade away or fall apart etc.. not all are bad but they are not my favorites to trade or invest in.
CEU,CMDI, CCME, LPH, ETC..ETC..
http://abcnews.go.com/Blotter/us-investors-lose-billions-alleged-chinese-stock-schemes/story?id=18164787
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