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value1008

03/05/11 11:59 AM

#153 RE: hercules16 #152

Hercules, i sold out at 3.68 and 3.98 on the initial run up last Spring, and never re-bought any. By summertime, there was so much neg spin from the "short China" crowd and bashers of China RTOs (including anything having to do with cos. brought public by CHFI) that i decided to stay away. The Davis auditor association led to a loss of confidence. I'm occasionally watching on the sidelines. A number of CHFI-assisted cos. have turned out to be genuinely profitable -- like UTA and GFRE. Let's see if BFAR proves itself beyond a shadow of a doubt. Most of us would presume it's legit, but the shortsellers have created so much FUD (fear, uncertainty and doubt) that there simply seem to be very, very few buyers of smallcap and microcap China RTOs. It's called "sector abandonment" and can get very painful for longs. But everything could turn around in coming months/years.