Friday, April 29, 2011

Just another fake Chinese company trading on Nasdaq

I wonder how many more of these fraudulent Chinese companies with nonexistent revenue are floating around out there? They keep popping up. You'd think Nasdaq would have cleaned itself up after the dot.bomb debacle, but they just moved on to different frauds.

3 comments:

Lou Minatti said...

China is a gigantic .com circa Fall 1999.

Anonymous said...

Lou the concept of fake goes for the authors of such reports also..don't know the company and don't know the blogger so I have no opionion on any of that, but it is always a wise idea to know what you invest in as well as the source of information...lots of agendas out there in the Wild Wild West (or should it be the Wild Wild East??)..

Lou Minatti said...

You are right, Anon. He could have an agenda.