Replies to post #48 on China Stocks

[mdimport]

"They did provide a response of much better quality than the typical denial"

I think right now the two best statements any company can make are:
1. Dividend
2. Share buyback

LPH took an interesting line a couple of weeks ago with a promise of 24/7 surveillance cameras to be hosted on their website.

I was in GFRE but will only day trade it. Also took day trading positions in SCEI. I am treating this sector just like pinksheets - anything the CEO says is likely to be a lie and there's never a sufficient level of honesty.

We're somewhere between deliberate lies and FUD (Alfred Little and Muddy Waters) and outright fraud. I feel the CGS issue will have to be some negotiated settlement between the US and Chinese governments. In the interim day-trade or stay away.

[ratobranco]

GFRE - I think they had a very good response, and that they *might* be legit. But their past associations and some of the hit piece evidence still makes me nervous. I'm not a buyer right now.

The question is, what is going to get the market to believe that they are legit? That's the catalyst that is needed to get these guys to rise in this environment. I don't know what it is yet.

But at the current price, I do admit that the risk/reward is attractive. You're being compensated for the risk you're taken on.

Your thoughts?