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Shares of Wonder Auto Technology (WATG) trip the light fantastic, up 58% after losing a mere 75%...

Shares of Wonder Auto Technology (WATG) trip the light fantastic, up 58% after losing a mere 75% on Friday. The company is fighting a push by regulators to delist shares from the NASDAQ, and (even more importantly) probably serves as another gentle reminder that investing in the stocks of unaudited small-cap Chinese stocks is not for the weak of heart.
Comments (1)
  • mkorsin
    , contributor
    Comments (2) | Send Message
     
    Battered CHinese investor - interested in WATG as a a potential 10 bagger over 5 years. Anyone have any comment as to

     

    whether it was fraud or cockup

     

    if the actual current financials are available anywhere

     

    if they are are they worth a damn
    23 Mar 2012, 03:01 AM Reply Like
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