Power-One: Extremely Cheap on a 'Sum-of-the-Parts' Basis [View article]
Thank you for the analysis you've given. I assume that at 8.50 you took a 30 to 50 cent loss per share after DCAing down from an initial position in the 10s.
I am not sure what management was supposed to say. The Q ends soon, and I'm sure that (1) Italy and (2) inventory will come up during the CC. I wonder if PWER will take yet another beating after releasing Q results/CC. I was lucky to get out in the 9s after buying in the 8s after reading your analysis.
'Red Capitalism' Review: Evaluating China's Financial Foundation and Extraordinary Rise [View article]
I find the idea that free markets do not serve State interests, and the interests of the ruling class that controls the State, to be wrong on many levels. Free markets need a juridical apparatus to enforce control law and protect market participants. Free markets need law enforcement to quell social unrest, protect and ensure the quality and integrity of the monetary supply, and intervene in those cases where private investment fails, such as the building of roads and national defense systems. That's just two examples of where free markets and State interests overlap, with the ruling class controlling the State so as to create a better business climate.
China's State managed capitalism may implode. But the false utopia of the free marketeers - that markets are the greatest champion of human rights, individual liberties and duties, and the civil freedoms of the West, has already proven to be a failure, many, many times over, with disastrous consequences.
China MediaExpress Holdings (CCME), subject of a contentious battle between longs and shorts, has been halted for an hour down 4.3% pending news - about auditors, perhaps? The advertising company has been the subject of opposing reports from Muddy Waters and Global Hunter. [View news story]
"I know nothing whatsoever about CCME. But it has as much connection to most other China hybrids as GE or JPM does."
That's funny stuff!
If you don't think CCME turning out to be a fraud (who knows) will adversely impact US listed Chinese stocks as a whole, then I don't know what to say to you. Feel free to buy a diversified portfolio of 100% RTOs and SPACs if you like.
You called me an idiot. I could respond in kind, with harsher language, but that would be uncivil.
As for logic claims, FIEs and VIEs and SPACs aren't the same as GE or Coke or JPM doing business in China.
"Once again, several of these stocks have already switched to US auditors! They are therefore just as safe as US stocks using US auditors."
Really? The political risk is the same? The macro economic risk is the same? The corporate structures offer the same level of risk?
China MediaExpress Holdings (CCME), subject of a contentious battle between longs and shorts, has been halted for an hour down 4.3% pending news - about auditors, perhaps? The advertising company has been the subject of opposing reports from Muddy Waters and Global Hunter. [View news story]
V -
"If" and "then"
If you find it unlikely that IF CCME is a fraud that THEN the whole sector will be beaten down further, please explain why. That seems a given to me - CCME losing D or even restating will have an adverse impact on the US listed Chinese space as a whole, if it happens.
It is unclear what happens if it is good news. Will shorts cover?
China MediaExpress Holdings (CCME), subject of a contentious battle between longs and shorts, has been halted for an hour down 4.3% pending news - about auditors, perhaps? The advertising company has been the subject of opposing reports from Muddy Waters and Global Hunter. [View news story]
If CCME becomes CCME.PK, then the average PE for the US listed Chinese space will be below 2...
In one of the broadest challenges to organized labor in decades, Republican senators in Wisconsin maneuvered around Democrats last night to pass legislation stripping public employee unions of collective bargaining rights. Several other states also will try to tamp down union power while cutting budgets. [View news story]
Thank you Gov. Walker.
Wisconsin will now be blue in 2012, and the Democrats will pick up at least ten State Senate seats.
A letter signed by mostly Republican foreign policy experts urges President Obama to call on NATO to send air and naval assets to Libya as soon as possible. Separately, Senators McCain and Lieberman ask for the establishment of a no-fly zone, and the abandonment of U.S. recognition of the Gaddafi government. [View news story]
Senator McCain: You lost. You are not the CIC. And neither is your well trained Lieberpoodle.
Here's a novel idea: How about the Libyan people decide their own fate, with the U.S. staying out of it.
Power-One: Extremely Cheap on a 'Sum-of-the-Parts' Basis [View article]
I am not sure what management was supposed to say. The Q ends soon, and I'm sure that (1) Italy and (2) inventory will come up during the CC. I wonder if PWER will take yet another beating after releasing Q results/CC. I was lucky to get out in the 9s after buying in the 8s after reading your analysis.
China: Set for a 'Significant Slowdown' [View article]
'Red Capitalism' Review: Evaluating China's Financial Foundation and Extraordinary Rise [View article]
China's State managed capitalism may implode. But the false utopia of the free marketeers - that markets are the greatest champion of human rights, individual liberties and duties, and the civil freedoms of the West, has already proven to be a failure, many, many times over, with disastrous consequences.
Sino Clean Energy: A 'Cheap' China Coal Play Poised for Massive Growth [View article]
As for the rest of the paragraph, you change firms back and forth with no specification of which firm you are talking about, making it gibberish.
Sino Clean Energy: A 'Cheap' China Coal Play Poised for Massive Growth [View article]
SCEI did a capital raise in December of 2010.
Missed Signals: The Hard Lesson of China MediaExpress Holdings [View article]
As Socrates asked, "Is it right when the god will it, or does the god will it because it is right?"
Severs religion and ethics with one simple question.
Missed Signals: The Hard Lesson of China MediaExpress Holdings [View article]
Huh?
Since when is a higher degree of religiousity synonymous with higher ethical standards?
The Great China Bubble and Why It Will Collapse [View article]
Your ideology doesn't win, so the elimination of political parties is your answer.
3 Reasons Why a Chinese Slowdown Is Imminent [View article]
Should read: Barry Eichengre.
China MediaExpress Holdings (CCME), subject of a contentious battle between longs and shorts, has been halted for an hour down 4.3% pending news - about auditors, perhaps? The advertising company has been the subject of opposing reports from Muddy Waters and Global Hunter. [View news story]
That's funny stuff!
If you don't think CCME turning out to be a fraud (who knows) will adversely impact US listed Chinese stocks as a whole, then I don't know what to say to you. Feel free to buy a diversified portfolio of 100% RTOs and SPACs if you like.
You called me an idiot. I could respond in kind, with harsher language, but that would be uncivil.
As for logic claims, FIEs and VIEs and SPACs aren't the same as GE or Coke or JPM doing business in China.
"Once again, several of these stocks have already switched to US auditors! They are therefore just as safe as US stocks using US auditors."
Really? The political risk is the same? The macro economic risk is the same? The corporate structures offer the same level of risk?
China MediaExpress Holdings (CCME), subject of a contentious battle between longs and shorts, has been halted for an hour down 4.3% pending news - about auditors, perhaps? The advertising company has been the subject of opposing reports from Muddy Waters and Global Hunter. [View news story]
"If" and "then"
If you find it unlikely that IF CCME is a fraud that THEN the whole sector will be beaten down further, please explain why. That seems a given to me - CCME losing D or even restating will have an adverse impact on the US listed Chinese space as a whole, if it happens.
It is unclear what happens if it is good news. Will shorts cover?
China MediaExpress Holdings (CCME), subject of a contentious battle between longs and shorts, has been halted for an hour down 4.3% pending news - about auditors, perhaps? The advertising company has been the subject of opposing reports from Muddy Waters and Global Hunter. [View news story]
In one of the broadest challenges to organized labor in decades, Republican senators in Wisconsin maneuvered around Democrats last night to pass legislation stripping public employee unions of collective bargaining rights. Several other states also will try to tamp down union power while cutting budgets. [View news story]
Wisconsin will now be blue in 2012, and the Democrats will pick up at least ten State Senate seats.
China MediaExpress Holdings: All Eyes on Deloitte [View article]
That's one reason you get so many thumbs down.
A letter signed by mostly Republican foreign policy experts urges President Obama to call on NATO to send air and naval assets to Libya as soon as possible. Separately, Senators McCain and Lieberman ask for the establishment of a no-fly zone, and the abandonment of U.S. recognition of the Gaddafi government. [View news story]
Here's a novel idea: How about the Libyan people decide their own fate, with the U.S. staying out of it.