Good Night A-Power Energy (APWR)
Perhaps last nightâs news of an and another filing delay is the nail in the coffin for APWR at least for a very long time. that a delay was coming, but the resignation of the auditor comes as a surprise. I began been last year (much to the chagrin of one APWR pumper) for showing a consistent lack of credibility and itâs no surprise that all this has culminated in a halting of the stock below the $2 level. All the warning signs were there and management has a history of delaying financial reports. As the number of Chinese stocks being halted continues to grow you have to wonder about the future of US listed Chinese ADRâs.
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July 3, 2011
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Posted by Stephanie Sharland
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