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China Green Agriculture, Inc. Message Board

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  • stinky_perro stinky_perro Apr 6, 2010 12:11 PM Flag

    oh sure, ring the bell

    But even if the US had labeled China as a currency manipulator... so what? The fact of the matter is that if China loosens the tight controls on their currency, the valuation of the yuan will likely be higher. Since CGA's products are consumed internally, a higher yuan is very good for us CGA investors since it will raise the USD PPS and raise the value of inventory. We've had this discussion a few weeks ago already. So, bring it on. Label China a currency manipulator if you must! In the end, we are winners now and even greater winners if China loosens their grip on yuan valuation. Whoever is selling those huge chunks at these levels is either trying to manipulate the price or is a suicidal short. Either way, the subject you bring up has nothing to do with the recent dip. My two cents worth. Cheers!

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