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Shengkai Innovations, Inc. (VALV) Message Board

  • zerokill83 zerokill83 Mar 8, 2013 2:28 AM Flag

    what's the word?

    I've lost my #$%$ on this pos company. Will it ever do anything besides sink further in the hole? I might as well hang on to the shares I have now since I've already lost a lot.

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    • @zerokill, unfortunate for me, I understand very well where you are coming from....

      I still haven't come across any evidence of wrong doing by VALV todate --- other than poor marketing skills.

      • 1 Reply to profit_seekr
      • I still haven't come across any evidence of wrong doing by VALV todate --- other than poor marketing skills.

        Hi just check back on stocks I use to own to see if I made the right move. On this one I sold @ 5 bucks after losing more than half my investment. I got in because the assets vs liabilities was over 40X greater with a Book Value over 8 bucks and on no debt with over 60M on hand. The numbers were great but rumors of a scam were very common 2 years ago to the point where pictures were taken to show the company even exist ! Back then many people didn't trust the company and I have seen the same thing in other Chinese companies to the point where I will not buy a chinese stock ever again. In your case, Good Luck, you don't have far to fall. The numbers always look good as they apply to mgmt not the PPS.

 
VALV
0.265-0.005(-1.85%)Aug 29 12:56 PMEDT

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