China Sky One Medical (NASDAQOTH:CSKI)

CAPS Rating: 2 out of 5

The company develops, manufactures, markets, and sells over-the-counter, branded nutritional supplements, and over-the-counter plant- and herb-based pharmaceuticals primarily in China.

Recs

1
Player Avatar BuffettJunior1 (97.53) Submitted: 10/28/2011 3:29:22 PM : Underperform Start Price: $1.95 CSKI Score: +149.94

Chinese reverse merger fraud.

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Member Avatar Foolbeyond (< 20) Submitted: 3/2/2012 12:10:14 AM
Recs: 0

So now what?    
Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against China Sky One Medical, Inc. what happened to my already lost income??

Member Avatar BuffettJunior1 (97.53) Submitted: 3/3/2012 9:40:35 PM
Recs: 0

Did you buy this stock? If the answer is yes then the only thing I can tell you is to sell. Stocks like this always go to zero in the end, so take your losses and sell ASAP!

Member Avatar Foolbeyond (< 20) Submitted: 3/3/2012 10:45:35 PM
Recs: 0

I did actually, I want to wait for it to bump up abit. Do you know if lawsuit wins, I will get my money back even when I already sell the stock? Anybody knows?

Member Avatar naughtyguy (30.96) Submitted: 4/10/2012 1:02:05 PM
Recs: 1

class action suits often lead to some money awarded to investors that lost money, For every $2000 lost you will be lucky to get $100 back!

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