No recourse for US, Canadian, Australian, European investors. No reason not to defraud you. Trades at low PE because fraud risk is HIGH.
Beware being reamed. The worst reaming comes to those who chase RTO Chicom stocks. CCCL could list on the HK exchange and didn't. Ask yourself why and be honest with yourself.
Don't end up an RTO sucker.
why do they have a $7 one year target from Yahoo then?
the price is not jumping because of very low volume.
this stock will skyrocket once it trades more than 300k shares / day
do that 2 consecutive days, and you will see it at $4+
you are just bashing. Guess what, nothing to bash, not a lot of players here.
I don't see any bashing going on here. There has been a ton of US listed Chinese companies that are scams or have just stopped filing their SEC reports. The pink sheets are littered with them. I don't believe that CCCL is a fraud. Check out my replies to "CCCL is a reverse merger?" in the message board.