Submitted by chinastock on Thu, 07/01/2010 - 17:49
Posted in
The reason I moved back to China a few years ago was so that I could get the best possible information on U.S.-listed China small-cap stocks.
Days like today are when that decision really pays off because I got to buy Orient Paper at an absurdly low price with a high degree of confidence despite (and due to) a recently released short-sellers' report stating that the company is a fraud.
Days like today are also when I realize that the world of investing in China small-caps is a small one -- a very small one....
Click to view a price quote on ONP.
Click to research the Consumer Non-Durables industry.