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Replies to #1012 on China Stocks
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Shinisaurus

02/01/12 1:57 PM

#1015 RE: jrainspe #1012

jrainspe Remember the average China RTO was down 60% in 2011. The majority of investors underperform indices; therefore you can see the mass destruction (or creation for shorts) of wealth that took place for RTO investors. I don’t necessarily fault retail guys for investing in these names. They invested based on SEC filings, and very few people guessed how much fraud was going on.

Were you long RTO’s last year?