News Focus
News Focus
icon url

throwerw

11/15/10 5:30 AM

#58560 RE: Rames #58559

What a ridiculous anonymous quote...

"Because of people like Muddy Waters, I'm not inclined to invest in China any longer," grumbles a longtime fan of the reverse-mergers.

Somebody should write an article about how well these stocks have done in the past 2 months. Make up a quote like this and stick it in halfway through the article:

"Because of stocks like CCME that I've lost so much money on, I'm inclined to stop shorting companies trading at a tenth of their intrinsic value. I might even go long next year if I still have this job," grumbled a dumb short of reverse mergers.
icon url

realfast95

11/15/10 5:49 AM

#58562 RE: Rames #58559

I would say "like father, like son" a scam is a scam. The son doing it with a new twist. Bloggers who claim they have access to China Government information that is supposed to be inaccessible, are getting away with criminal acts. Some are getting the backing from Barrons who perform zero fact checking. If it's on the internet, it must be true!
icon url

SaltyDawg

11/15/10 6:19 AM

#58563 RE: Rames #58559

Put little weight to this article other than what someone else here in our space said, BARRONS should do a little fact checking before throwing this stuff out on the internet.

Can't remember where I saw this, this a.m., but Muddy Waters is two guys. ONP CEO says he got blasted after NOT fronting up stock for favorable stories. Sounds more plausible to me than these clowns.

Hell, the Barrons article even states that they get stock for buy recommendations.

Just goes to show that any bozo can blast away at any company and if UNRESPONSIBLE and "reputed voices" (ie; Barrons et al) pick it up without doing their DD, then reputable and probably honest companies get hosed.

Its all part of the new way that the same old game is played.

(at least thats how I have it worked-out in my mind)