Maybe I just listen to you guys for my safety. Especially at this bad economy.I'll buy other american stocks. I want to be rich and rich fast. That's the bait why people want to buy chinese stocks. Chinese stocks are not safe for investing and they have bad reputation of accounting frauds and scams. Maybe at another time or maybe never if their nature is alway a fraud.
I had to make that call myself...I was thinking the same thing...which one to buy??
These are 2 good companies on sale. I went with RENN. I listened to both CEO's and made my choice. fyi, those interviews are both available on yahoo finance. I didn't like that the DANG CEO is a hot head.
And you think people didn't loose on Dang? DANG = RENN same story line.
If you're looking for a cheap stock look at DVAX - Supposedly it's getting lots of raves. I was looking at it for a while, i'm kicking myself for not buying it at 2.45 -- it's now 2.73. Now this is another speculative stock. So be careful.
TO BE SAFE, buy an american reputable company.
This is a risk. HOWEVER, risk equals a potential of LOTS OF MONEY. 50% / 50% Chance. THAT is why ppl should invest money they can AFFORD to loose not YOUR LIFE SAVINGS.