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researcher59

05/20/11 8:55 AM

#81280 RE: rru2s #81278

rru2s: CCME was a debacle for many on this board and I'm sorry to hear of your severe losses. I never understood why so many investors were willing to place such a large part of their portfolios into a single stock and a very risky one at that. It's too bad it had to be a lesson learned the hard way.

I rarely go over a 5% weighting in any single security, and I've greatly reduced my exposure to the China stocks as result of all this fraud. Currently my overall exposure to China microcaps is just 7% of my portfolio and I doubt I'll ever again go over 15%.