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Longwei Petroleum Investment Holding Limited Message Board

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  • hsterniac hsterniac Oct 25, 2011 9:56 AM Flag

    .67's coming folks ......

    Maybe even $0.20 after the 4th and 5th acquisitions are closed based on past history. These Chinese stocks behave as semiconductors; they pass current in one direction only (current = stock price in this case). No matter how positive the events, greatly increased earnings, and transparency, the price will only go down until investor sentiment turns around, OR a decent dividend is paid. My guess is when the 3rd facility deal closes, the price will jump 10-15 cents then quickly retreat. I know, it's unfortunate, and I hope I'm wrong, but I'm just looking at what's been going on for the past year of so.