I am over so many positions that either have gone up a lot or...

I am over so many positions that either have gone up a lot or just disappeared. A few in the middle in the watch and see category. But this one really surprised me. I put TTC in the case of One All, a good clean business, operating, good board, strong revenues. I knew some of the previous directors and had confidence that if they were on the boards they were good shows. But they left, and then the decline. The more I have anything to do with China the more I detest everything from there. Just a rancid casino of deception. Everything is fake and everyone will rip you off. Completely soured to it. I expect the country to crumble under fake concrete, fake rebar, face marble, fake construction. May the gods of the sharemarket smite them with an earthquake and crumble it all to the fake earth.

I don't expect anyone will see a cent from this one. Absolutely bogus creditors will claim any cash that hasn't already been siphoned off. Yes, friends will bid for these quality assets for pennies in the dollar. There will be load agreements over them that we never knew about. I bet the company re-phoenixes and appears on some other schmuck country stock exchange in a few years

For those who got blown up on this one I am sincerely sorry, been there, never fun.