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Subject:  China Fire & Security Group down big on Shar Date:  3/11/2008  10:22 AM
Author:  EverydayInvestor Number:  34575 of 727

The good thing about RSS is that you get the news as quickly as anyone. I read Sharesleuth's new article about China Fire and Security Group (CFSG) before the market open and thought about shorting the stock at the open. I held off because it was already down 20%. As of right now it is down 50%. Oops.

As to the actual article, it does not even accuse CFSG of any operating problems (besides having unsustainably high operating margins, twice the industry average). All the problems that they find with the company are how it went public (via reverse merger) and some problems with the shareholders honestly filiing with the SEC. That is still enough to make me become one of the few to short the stock in CAPS.

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