king888 Posted May 29, 2011 Share Posted May 29, 2011 Anyone know this guy? He has been accumulating CHBT for 4 million shares. From what I read here.He seems to be smart investor.I am not cheering CHBT here.It looks very likely to be fraud. But this guy's move on chbt is interesting. http://www.articlesbase.com/investing-articles/great-caribbean-investors-1268639.html#ixzz1NbklupUi Link to comment Share on other sites More sharing options...
beerbaron Posted May 29, 2011 Share Posted May 29, 2011 CHBT ... Look at the inventory turnover. This company would have to turn it's products every 4.8 days. BeerBaron Link to comment Share on other sites More sharing options...
NormR Posted May 29, 2011 Share Posted May 29, 2011 There are very few Chinese firms worth trusting these days ... >:( http://www.nytimes.com/2011/05/27/business/27norris.html?_r=1ref=business Link to comment Share on other sites More sharing options...
EdWatchesBoxing Posted May 29, 2011 Share Posted May 29, 2011 http://seekingalpha.com/article/269961-china-biotics-2009-revenue-is-70m-off Looking up the ticker on google finance led me to the link above. The title cracked me up. Especially since I skimmed through the financials on google first. Link to comment Share on other sites More sharing options...
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