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FUQI INTERNATIONAL Message Board

  • berrygeorge51 berrygeorge51 Mar 26, 2011 11:50 PM Flag

    LOOK FOR SEC FORM 6K

    The SEC must release to the public and to FUQI simultaneously,
    the form 6K. Look for this and it will tell you the exact time and date that FUQI will be delisted.
    (before market, after market etc. on March 29th, 30th etc.)
    My quess delisting will be pre-market on Wenesday March 30th, 2011.

    Up until this point I think FUQI will drop like a rock , perhaps 25 % from the open on Monday until mid day Tuesday.
    Somewhere between 1.6 and 1.90.

    But then right after this event, (the release of the 6K report) FUQI has promised an additional disclosure that will hit the web soon after that.

    This disclosure could cause a wild swing either way depending on what it is.

    If it is something percieved to be positive (even without audited proof) the price could surge simply because there are so many people that still have faith in this stock.

    I will wait for these two bits of information and make a decision at the time. Since I don't trust the company any longer if I bought any stock I wouldn't hold it for very long.

    I think it is headed to be taken private by the CEO at below a dollar. As a matter of fact this "disclosure" that has been promised bu FUQI once they get the form 6K from the SEC could be deliberatly negative in order to drive the price down so the CEO can buy a ton of the remaining 58 percent of stock that he doesn't own yet at a rock bottom price.

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FUQI
1.500.00(0.00%)Jun 28 3:18 PMEDT

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