claphands22 Posted January 20, 2011 Posted January 20, 2011 Seven page article about RTO chinese small caps, the alleged frauds and the people who shorted them http://www.businessweek.com/magazine/content/11_04/b4212058566865.htm very enjoyable
tengen Posted January 20, 2011 Posted January 20, 2011 Thanks for posting the link. Very interesting story and one that probably has more twists and turns to come.
king888 Posted January 21, 2011 Posted January 21, 2011 Nice article. John Bird aka Waldo Mushman is very behated on yahoo mb.Today, CHBT down for more than 20% due to exposed news in chinese newspaper website.
StubbleJumper Posted January 21, 2011 Posted January 21, 2011 A few months ago, we had had a few posts on this board about the risk of fraud when buying Chinese stocks that appear to be cheap. I always appreciate the benefit of smart, experienced investors who make those sorts of contributions with the goal of helping board members protect their capital. SJ
augustabound Posted January 21, 2011 Posted January 21, 2011 Nice article. John Bird aka Waldo Mushman is very behated on yahoo mb.Today, CHBT down for more than 20% due to exposed news in chinese newspaper website. He's taken beatings from the Yahoo gossip boards before and he takes beatings on Seeking alpha also.
claphands22 Posted January 22, 2011 Author Posted January 22, 2011 Video of Herb Greenberg from CNBC and David Gentry from RedChip discussing chinese RTO companies. RedChip is a company specializing in providing IR services for chinese RTO companies. I enjoyed the debate. http://www.cnbc.com/id/41024808
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