Not a matter of "IF", but when the SEC finally investigates here, the stock will drop just like UEPS
CLASSIC PUMP & DUMP and many here fell for it. I check yahoo finance board here for percentage movers several times a day. Soon as I noted CLNT up 35%, I quickly noted the news release and went short the stock. It was an easy short for me, as I've shorted this stock in the past, so I knew it was up on MANIPULATION......
One things for sure, you don't go LONG fraudulent China companies, you look for pops to short into. That's where the easy money is.
In my opinion, this company won't last another year and could go #$%$ up in as little as 6 months.
that's what you said when the stock was at 3.50, then $4, then $4.5, then $5, then $5.5. and every week it's making new highs. Are you getting the feeling yet that you are wrong? The stock price has the ultimate say on who is right or wrong. An increase from 2.70 to $5 over 3 weeks says you are wrong. How's that short position working for you? See you at $15 before year's end. $20 to $30 in January.
Company has been around before the year 2000, so you make no sense. The CEO already told us on Monday news release that he is positive about the next few quarters. I think he knows what he's talking about since he's the CEO and you're just a pathetic shortard who is panicking that his position moved against him.