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FAB Universal AO Common Stoc Message Board

misterjer2000 2 posts  |  Last Activity: Aug 12, 2015 4:28 PM Member since: Apr 18, 2001
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  • misterjer2000 by misterjer2000 Aug 12, 2015 4:28 PM Flag

    Why haven't any shareholders initiated a class action lawsuit against this firm for securities fraud or negligence ?

  • misterjer2000 by misterjer2000 Mar 25, 2015 8:27 PM Flag

    Too bad for me that I didn't consider PRC holding companies trade at such a discount because they are a rip off. If shareholders can't own assets what is the point. The lesson to be learned is stay away from PRC firms that trade via a holding company in the USA. How do you explain Ali Baba though ? You explain it through the Yahoo management that can reap value. Alot of these PRC firms are junk in fact if you look at firms that are in a tradeing halt you get back to the same topic: most of them are PRC firms that trade through a holding company. I get burned by Bin Laden in 2002 when aluminum crashed because of mothballed aircraft and I got burned in 2014 through this one. How do you hedge for freak accidents like that ? You can't ! What a drag this is like the lottery but in reverse. My only hope is I get a letter in a year from a class action lawsuit that refunds me a part of the $2.08 I was averaged in at. Risk is understandable but this stock is right out of a Twilight Zone episode. Screw me.