Replies to post #18336 on China Growth Stocks

[thedivot]

YHGG - I hear you. Here's a post from the Yahoo MB that echoes what you say.

"Buy this stock with EXTREME caution. Be prepared to loose your entire investment. As usual, the quarterly revenues and profits are identical to the same quarter in the previous year despite spending over $400 million in capital expenditures over the last three years. The company will probably never be listed on an exchange despite the company telling investors that it would for the last 5+ years. The website is always obsolete, there is no company contact, the auditor is unknown and no one knows who owns this company and the structure of its presumed subsidiaries. Ignore the earnings of this company. The report has mispellings and there are no footnotes to the financials. I doubt that the financials are correct. Be prepared to loose your entire investment in this company."