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US China Mining Group Inc. Message Board

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  • valueseeker890 valueseeker890 Aug 31, 2009 11:56 AM Flag

    Sounds too good to be true

    Just a few weeks ago you could buy GFRE.OB for .50 or 2.3 times earnings, just like this stock today.
    When they announced a coming reverse split to uplist the stock went up 2 1/2 times to 1.30 in 2 weeks.
    According to your theory, GFRE.OB was also too good to be true at .50.
    OPAI.OB could be had for .15 in April with EPS of .20 last year. They are up fivefold in 4 months. Too good to be true?

    Stay in cash and watch other people make money.

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    • Yep, that's exactly how it is. This one is not too good to be true but one of the cheapiest and unknown stocks out there.

      That will certainly change once they uplist which will be very soon.

      The best is that they don't even need to do a RS because they are already qualified with their actual share price.

 
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