Monday, July 27, 2009

China Sky One Medical Fails to Impress

Asensio is still on the tail of China Sky One Medical (CSKI) They are citing a blog that appeared in Motley Fool that cast China Sky One Medical in an unfavourable light. There seem to be irregular relationships between China Sky and someone who might be a brother or is close like a brother. The IR company representing them has not created clarity. For the whole story go to www.asensio.com and follow the links. I usually find Asensio calls it right. Looks like Motley Fool independently is arriving at similar conclusions.

Hey China Sky. It’s about the investors. Investors have long term memory. Who regulates these guys and why is there no investigation? Who are they connected to in China?