Tiger Global's latest stock picks include Cninsure Inc (CISG)
Tiger Global Management is a hedge fund run by Chase Coleman. Seeded by legendary investor Julian Robertson, Coleman is only 35 years old and a graduate of Williams College. Tiger Global Management returned 71 percent after fees in 2007.Coleman uses ETFs such as SPY and QQQQ to hedge his risk. This implies his strength is picking long positions.
Recently announced that company insiders have recently purchased as well.
I just searched and CEO and CFO have NOT filed their Form 4 with SEC??? They may be Chinese and we have no extradiction law with China.
Honestly, last night's CC was really "bad", because the translation was poor. Plus, instead of being a SMART MGMT TEAM that can take the opportunity to show case the company and attract more investors. They were "wasting" time trying to defend themselves. When Jack Welch was at GE, he got more crap thrown at him and GE than CISG has ever seen.
CISG needs a true PR consultant to help them with a make-over. Nowadays, it's all about "packaging". The more charismatic the CEO/CFO, the better trust will be given by the shareholders (because they are fickle). :-)
Of course, I am willing to come out of my retirement (tire of fishing) and help them out. Of course, with the right price. :-)