Mr. Pape was all over CJP a year and a half ago or so when it was up to $15 and about the day after his column it went down to about $12 and has never regained $15.

Emerging markets are for people with money to burn. Maybe 1 in 10 balance sheets are "real" -the rest are more fiction than fact. And connections and corruption have far more to do with "success" than savvy marketing and good products.