Advanced Battery Technologies, Inc. Message Board
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SHORTS ARE SCREWED!!!
If you are shorting this stock at this time.....LOL......your screwed from here forward.
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Kinda of to late to short. The easy short money was made long a go. Now investor are held hostage here by a man who does not even know theirs names. You know good and well FU took your money.
- 1 Reply to mama1087654
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All this #$%$ from those looking for a 'quick buck'!!
What if Fu is under strict orders from his legal team to say nothing -- who do you blame then?????
Or what if its a strategic move --- ABAT buys whatever shares they can get their hands on -- now there are none left for shorts to cover (2 million).
THIS STOCK IS A LONG TERM PLAY.
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Jim Chanos on CNBC this morning said he doesn't trust the accounting from ANY Chinese firm that is publicly traded. I think most people feel that way. The shorts are definitely not screwed.
- 2 Replies to matthewcardinal
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A very parochial view!! Who is to say US accounting standards are better??
Sure they have to comply if they are US listed. I wonder how US companies would fare if they were listed in China??? -
China is the wild west. It's slowing down because they have flooded the world with cheap goods and now they have to make changes. Instead exporting they have to produce and sales within. The last tour on china showed boxes of goods stacked up form where they have stuffed the channel. The US and EURO Zones have showed down on importing Chinese junk/products. Look at auto parts now China has once again flooded the markets with auto parts.
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in the next 3 months abat will be changed its position based upon lawsuits results.
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