|Day Low/High||3.89 / 3.92|
|52 Wk Low/High||2.60 / 4.37|
The SEC crackdown on Chinese 'reverse mergers' comes as no surprise to many investors who have witnessed numerous irregularities or accusations of fraud in 2010.
Many recent IPOs of Chinese companies have traded down after their debuts, but these firms possess intriguing business models that could help them become key industry players.
Kahn Swick & Foti, LLC ("KSF") and KSF partner, Former Attorney General of Louisiana, Charles C.
SeaCube Container and Pacific Biosciences are among the IPOs debuting this week, and there are reasons investors may want to steer clear of both offerings.
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