"What company, for example, in their right mind would ever consider disclosing that their U.S.-based former chief financial officer did not own any stock but that her “day-trader” husband was regularly trading blocks of its stock? [A day-trader, it should be noted, who holds on to his positions for months at a time.]"
Haha, personal fave extract:
ReplyDelete"What company, for example, in their right mind would ever consider disclosing that their U.S.-based former chief financial officer did not own any stock but that her “day-trader” husband was regularly trading blocks of its stock? [A day-trader, it should be noted, who holds on to his positions for months at a time.]"
Ah, that brought some laughter to the office.
What fascinates me is the SEC missing in action, and the inability to push something this obvious through the court.
ReplyDeleteIs there any serious case to be made for investing in China?
ReplyDeleteHaving talked with Roddy extensively over AIG, I can also that he is a very intelligent, honest, and pleasant guy to deal with.
ReplyDeleteRick Pearson, who is usually a short seller of Chinese small caps, visited SPU and was convinced that they are legit. He took videos and everything.
ReplyDeletehttp://www.thestreet.com/story/10991587/1/china-stocks-to-bet-on-consumers--part-2.html
http://www.thestreet.com/video/10991661/sky-people-fruit-juice-facilities-tour.html#773369820001
http://www.thestreet.com/video/10991660/skypeople-fruit-juice-china-consumer-stock-play.html#1412993701001
http://www.thestreet.com/story/11140791/1/latest-china-small-cap-report-is-puzzling.html