If You think u are lucky not to be in ChinaGaoxain. You are dead wrong.

  • cheongwee.
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13 years 7 months ago #5544 by cheongwee.
Very soon, Portugal will be your next disaster many times worse then Gaoxian.
If Portugal refuse to accept rescue bailout, this will destabilize the financial system.
Be prepare for tremors worse than the 9.0 quake which will shake the hell across world maket.
Always have trailing stops for all your counters.
This is just to alert you all , not to scare you.
I believe this will either be this quater or lastest next. And if Portugal force to take up the rescue, next will be Spain. No way, that German or Euro combine can recuse them, too high a political cost. Spain is too big sure to fail. Most bank in Spain are technically bankrupt becos of the RE crash.
Chinagaoxian invester, dont be sad, alot more will join you all soon, if they are not prepare,
But that is not me,for sure. I never long any counter, and i cut loss, if you have do this, you would be a happy man today. If you go by balance sheet and be value invester for Gaoxian, you be very sad. Always cut lose, and never average down, even if it is you thk a good counter, how do u know, nobody can know. Anyway, balance shhet are past performance and not really quite valid.
And you may be surprise that Chinagaoxian may turn out alright afterall, dont jump into conclusion so fast. And listen to report in papers. If they are smart, they wouldn't be a reporter. I want to ask them how much they make in the market. They shd be buying stock. Dont be naive to believe all they report.
Read what ethan99 have wrote in this forum. He would be right.
And to those who claim lucky, let put it this way, in the end all will lose. It is just who lose first and who lose last.
Good luck to all.

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13 years 7 months ago - 13 years 7 months ago #5577 by yeng
So funny & different the opinions of people .... taken from another forum:

Marjoshare:
ChinaGaoXian has requested for suspension pending outcome of investigation into some cash deem unaccountable by the new auditor. Talking to accounting people, such things are pretty common esp with new auditor and a country big like China. What's important is the the key management are still there and taking full responsiblilty unlike what rumored that CEO run road. So things are not that bad at CaoXian as most tink. Be patient and wait for the completion of investigation in couple of weeks or months then shares should resume trading. If it return without much hassle then accounts are straigthen and shares may actually appreciate.

richrichie: Hope a couple of months enough hor, not like China Milk 1 year also no news, and nobody give a dam n also.

gunner3006: So optimistic.....China GC will become like Celestial and China Milk......

hongsan: After so much banging, this sound positive and well done bro. If Gaoxian start trading again, I hope to start accumulate below 10 cents when fear and force selling accelerate due to unpaid margin call etc. Keep in touch with new development.
Last edit: 13 years 7 months ago by yeng.

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