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    05/26/2016 - 14:27
    Here’s a question that might have you pondering: Is gold a commodity? More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly...

China Integrated Energy (CBEH): Alleged (Repeat) Chinese Fraud Du Jour

Tyler Durden's picture

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Mon, 03/28/2011 - 10:31 | 1108491 Alea Iacta Est
Alea Iacta Est's picture

There is no bubble in China.  Seriously, everything is top notch.  This is just more capitalist propaganda.


Cities with no people, companies with no revenue......

Mon, 03/28/2011 - 10:33 | 1108499 pendragon
pendragon's picture

rodman and renshaw...not the sharpest knives in the drawer

Mon, 03/28/2011 - 12:59 | 1109189 iinthesky
iinthesky's picture

What do they care they have multiple layers of insurance. Americans who put their FRNs in .... well... they're f*ked!

Mon, 03/28/2011 - 13:01 | 1109190 iinthesky
iinthesky's picture

What do they care they have multiple layers of insurance. Americans who put their FRNs in .... well... they're f*ked!

Mon, 03/28/2011 - 10:33 | 1108504 umop episdn
umop episdn's picture

"Nor does the Tongchuan 100,000?ton plant have any meaningful access to feedstock..."

Not unless you count the hot air and BS that seems available in unlimited supply. Methane, bitchez!

Thanks again for all the hard work and the excellent journalism. Is there anything you *can't* do?

Mon, 03/28/2011 - 11:30 | 1108773 aint no fortuna...
aint no fortunate son's picture


Mon, 03/28/2011 - 12:45 | 1109122 ElvisDog
ElvisDog's picture

That report is hilarious. Remind me not to buy any used cars from China.

Mon, 03/28/2011 - 15:41 | 1109852 Jonas Parker
Jonas Parker's picture

or new cars either...

Mon, 03/28/2011 - 10:39 | 1108526 imaginalis
imaginalis's picture

They are learning fast but still minor league in global fraudulence

Mon, 03/28/2011 - 10:42 | 1108531 WALLST8MY8BALL
WALLST8MY8BALL's picture

VIA THE OCC MEMO SYSTEM- Due to trading halts, as of Friday, March 25, 2011 and until further notice, China Agritech, Inc (CUSIP 16937A200), ShengdaTech, Inc (CUSIP 823213103) and Vitacost, Inc. (CUSIP 92847A200) are no longer eligible for stock loan or collateral pledge at OCC.  Only share reducing transactions will be allowed on outstanding stock loan and borrow positions.  Any equity pledges for collateral purposes will receive no value.


If you have any questions regarding this memo, please contact your Financial Surveillance representative.

Mon, 03/28/2011 - 10:42 | 1108532 SilverRhino
SilverRhino's picture

Ethics in business deals:  that's so last century.  

After seeing all this corruption I have a new rule: I will deal ethically and fairly with PEOPLE, sole proprietorships and partnerships.  LLCs deserve every screwing they get. 


Mon, 03/28/2011 - 10:43 | 1108534 RobotTrader
RobotTrader's picture

I have a pretty big position in FXI.  So far, I'm not complaining.  I'd never touch these Chinese IPO's, only the big caps for me.

Mon, 03/28/2011 - 10:45 | 1108543 spankthebernank
spankthebernank's picture



Hard to take this ass clown seriously when his pen name is Jamz Unlimited...what are we coming to???

Mon, 03/28/2011 - 10:45 | 1108547 Bleeping Fed
Bleeping Fed's picture

How long before investors start having an objective look at major Chinese SOE's?  Maybe that's too much to ask for--easier to just stick your head in the sand.

Mon, 03/28/2011 - 10:51 | 1108563 tallen
tallen's picture

I made a lot shorting this on the way down. It's obviously a pure fraud.

Mon, 03/28/2011 - 11:12 | 1108658 Quinvarius
Quinvarius's picture

This is why Chinese people like gold so much.  They don't even like buying Chinese made products, much less stocks.

Mon, 03/28/2011 - 11:45 | 1108845 blunderdog
blunderdog's picture

Those Chineses even knock off our fraud better than we do it ourselves.  So much for 'Merkin ingenuity.

Mon, 03/28/2011 - 12:17 | 1108989 Tucson Tom
Tucson Tom's picture

Somewhere in the suburbs of Chicago,T.Clifford Rodman is rolling in his confines.

Thu, 04/07/2011 - 10:33 | 1145050 tallen
tallen's picture

I've closed out my shorts to a great profit and moving them into HRBN, looks like the next chinese scam stock.

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