An irreverent look at Wall Street
i'm an owner of APWR...clearly a diaster...what should i do?
Bend over and have some sushi!
Oh, you weren't one of the smart ones who sold in the last 15 minutes yesterday. You held untill today for the 30% butt kicking.
APWR looks like a case of Chinese touting and cooking books--and then, looking like they have to clean up the books and report reality since the Chinese companies are all under such scrutiny now.I don't think this was a case of overly optimistic management but in hindsight, a case of fraud.Unfortunately I had to eat some sushi on this playBut that's why I don't mess with these small cap names anymoreYou can get sucked in and the controls on reporting just aren't there
any recommendations today? Is CREE a good long term bet?
could the same be said for CCME?
Post a Comment