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No. of Recommendations: 6
.....and it goes out with a fizzle. A sad end for a "Go to the moon investment".

Money spent here would probably have been better invested in Apple. Apple appears to be gaining much of the promise of China that would seem to elude most YONG investors as the huge to the moon upside will now be in private hands......which may be good because those private investors will also now own any and all of the downsides while everyone else gets to finally move on to hopefully greener pastures with hopefully many lessons learned.

The lesson for me seems to be careful speculating in countries in a different culture without a understanding of that culture and the risks in the investment. Also, I am more aware that emerging markets often enter bubbles and when the bubbles collapse it can take 5, 10 maybe even 15 years to get things back in order.



Starrob
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