China GengSheng Minerals, Inc. (NASDAQOTH:CHGS)

CAPS Rating: 1 out of 5


Player Avatar BuffettJunior1 (97.69) Submitted: 6/10/2011 11:01:55 AM : Underperform Start Price: $1.63 CHGS Score: +161.24

I've learned a little trick these Chinese companies are using. Have you noticed they all have China in their name? How many companies do you know that have America, Canada, Germany, etc... in their names? The reason they put China in their name is to draw in foreign investors, because China means growth. Most of these companies are frauds and you should stay away from them.

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