Replies to post #316 on Weikang Bio-Technology Group (fka WKBT)

[pappy]

My total loss this year figuring the 10% I still hold in China stocks at $-0- is 25% of my total capitol.

Making 2011 my 2nd losing year since 1961 my 1st full year of investing is small-cap stocks.

I took my original investment back out 10 fold long ago but don't intend to give back more than what my present investment is +10%.

The risk in small-caps is you could lose 100% & up to this year the risk was worth the reward.

I got caught with my pants down this year probably because of past success but the SEC &China will not team up on me again.

I never expected the SEC to do their job but with China dictating terms of the agreement the r/merger China space is done as far as it concerns a 74 year old man such as I.

P.S. I never invested in IOC & LTUS was a gain in another year but I did lose big in CKGT & HFGB & still have to figure in small positions JADA &UTA&CPQQ.

As for WKBT my present position represents past money made in WKBT.

I hope this answers your question...

regards,pappy