Eric Savitz explains the latest on Focus Media. It's a strange, suspicious scenario that I wanted no part of after the "delay" to straighten out the earnings report.
Eric Savitz: Focus Media Soars As Audit Committee Finds No Undisclosed Rebate Payments
Now that I'm out, the stock is running wild. I should've trusted Basic Axiom of China Stocks #1: No industry leader shall fail (not if the government can help it!).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment