like i said, i reiterate. im a #$%$ and will hold this until this is proven to be a total fraud or goes back to $20+.
i don't pretend to know what is going on. pure gamble.
i decided when i bought the 15k at $5.10, that i was going to see the end result for possible 4 bagger in 1 year or risk it to going down to ZERO.
I give my self currently 1/4th chance of this being legit and 3/4 a fraud the way management is screwing up.
Im shocked that Paulson lost 500m on this lol. This comnpany doing business 16 years? that is a fraud that is lasting a long long time.
oh well. wish me luck. who knows? maybe some institutional investers will invest 100m on this to show confidence shortly.
at least they can savce them selves couple hundreds of millioins if stock stays this low lol.
mclim, I respect/admire your ability to own up. I've seen some really dumb/evil people on this board, who make you wonder if they're paid con jobs for Sino Forest. Anyway, best luck to you in your future investing activities.
you were warned by Cramer about chinese RTO and greenberg for months...warning signs for three years....
it's what psychologist call DENIAL
I can't believe longs even critize muddy waters?? this guy stabbed the chinese RTO and shut them down.
the investment community doesn't want any fraud.
you want fraud go to the OTCBB or pinksheets not the main big board. or go play in the options and futures rigged games.
sino had serious on the table.
any professional that was double top in the chart.
what price did you buy at?
take the money the only bids are the short coverings and they are being very generous even at $3.35 bid on the stock this company was $2.75 in 2005 all that growth....as for ponzi scheme or shell company...the shorts are being generous and closing their positions.
Especially on volatile stocks like this one. I've bought and sold 3 times over the past week and made a sweet profit (positive....not shorting) on each trade. This is a day-trading stock right now. Anyone who calls the bottom is a dweeb and no one should be buying and holding (and praying). No one knows where the bottom is....as evidenced by today's pummeling. The overall market sentiment is positive but this stock doesn't get carried with it. That's a strong danger signal in itself.