Misfortune Cookies: The Saga Continues

CNNMoney asked me to put together a rundown of the recent China stock fraud epidemic…

The U.S.-traded China stock landscape is a post-apocalyptic wasteland, littered with the charred remains of those who dared venture in with only half of the information they needed prior to hitting the “Buy” button.

You see, investors have found that no matter how much due diligence they’ve done using the corporate filings of China Inc., it hasn’t mattered. Because when a company’s filings contain make-believe or exaggerated data, your analytical prowess is for naught.

Our story so far…

Click over for my whole article, it’ll bring you up to date on this mess.

Source:

China: Why U.S. investors should steer clear (CNNMoney)

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