I researched stocks currently experiencing a trading halt on US exchanges and most of them were China based corporations. One has been halted for over a year. If I had to do it over again I would avoid US listed stocks with China based operations. Apparently the halt is because they failed to disclose some debt on the balance sheet.
Their "business" is irrelevant. You don't make money when "the business" does well. You make money when the common shares appreciate. They have abandoned the common shareholders and are just stalling to limit damages in civil court.
You can't even begin to discuss their business prospects until they come current with required filings and honor their fiduciary duties to shareholders.
Don't you have any dignity or intelligence... either would work for you... but neither makes you look STUPID.
"Their "business" is irrelevant. You don't make money when "the business" does well. You make money when the common shares appreciate. They have abandoned the common shareholders and are just stalling to limit damages in civil court. "
The business is irrelevant? A company does not make money for long when the shares appreciate and the business is irrelevant, as you say. Longterm a company's shares go up in value when the the business is going well and the shareholders and outside investors see value going forward and stock prices are pushed up and up. So what you wrote was downright STUPID.
It's tough to say about FAB's business situation these days. But based on the tens of hours I researched FAB in May there is the distinct possibility that FAB's revenue has doubled to 200m per year going forward. There's also a possibility that the PR blurbs available were not accurate or misleading. I tend to think FAB's revenue for 2014 will be around 200m, based on what I know.
We'll find out soon. And I am not betting against FAB, even if a delisting comes. But, hopefully, a delisting will not come.