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IBDvalueinvestin (99.68)

Another Chinese stock crashing this week, from $19+ to $2.45 now at $6

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June 03, 2011 – Comments (4) | RELATED TICKERS: SNOFF.DL , SPY , FAS

Is this shocking that another Chinese stock is crashing? Not anymore, everyone is used to have 1 Chinese stock crash every week by now.

 

 

Sino-Forest dives despite denial

 

Financial Post Staff  Jun 3, 2011 – 9:59 AM ET | Last Updated: Jun 3, 2011 12:36 PM ET

By Peter Koven and David Pett

Sino-Forest shares plunged 62% on Friday despite the company’s rejection of spectacular allegations against it from a report by Muddy Waters LLC, a little known research firm and short seller.

 

4 Comments – Post Your Own

#1) On June 03, 2011 at 1:40 PM, L0RDZ (82.21) wrote:

I hear they are gonna change the name of the company to something more fitting...

 Either  Bernie  MADE  OFFS  lumber...

Or the Charles PONZI   institute of forest management

 

:)

 

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#2) On June 03, 2011 at 1:58 PM, IBDvalueinvestin (99.68) wrote:

OR maybe Sign Off lumber to more fit their stock symbol SNOFF

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#3) On June 03, 2011 at 2:03 PM, IBDvalueinvestin (99.68) wrote:

If u think SNOFF is cheap at $5.64 down another .36 from when I posted then click on level II for LFT , RINO, CCME, CAGC, CGA, FUQI, etc and see their stock prices if any doubts.

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#4) On June 07, 2011 at 11:23 AM, IBDvalueinvestin (99.68) wrote:

add NOAH to list of chinese crash & burn stocks

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