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Linktone Ltd. (ADR) (LTON) Message Board

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  • nedlevine nedlevine Dec 7, 2010 12:17 PM Flag

    Surprised it's dropping.

    The problem with this company, along with many of the other Chinese-based companies, is that the bulk of the shares are owned by insiders who move money around willy-nilly, it appears. There is so much insider trading that goes on that price movements have very little to do with announcements or performance or anything that a retail investor can figure out. I'm just hoping that this company is really increasing their production and sales and that their stock will eventually go up. In the meantime, it's like being on a roller-coaster where you can't see the tracks and whether the car will next dip or climb a hill. Hang on!

 
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