Zhongpin, Inc. Message Board
-
Bought @ $9.53 Today
It was too low to resist! And now, I'm shocked. HOGS rose over 17% from there!
Not that it matters, but why the big jump?-
Low of the year repeated for no reason. Best of all, it all came back in one day on a short squeeze.
Expect some follow through next week. -
Options expiration today. The sneak attack in the last few minutes.
I wouldn't spend any profits until mid-day Monday when real life has a chance to take effect. Good luck.- 1 Reply to nfpcomp
-
funny! real life...not day(trader)dreams. im in @ 2900 at 9.82 with my feet up in the air,just sipping on some lobster bisk(gin and juice fool!) have a good week end
-
Maybe hedge funds had a call position they wanted to pay off so they bought the stock. It had been driven down too low. It's too low now. It should be trading at 25 or 30. It's been driven down by the bad reputation of small cap Chinese reverse mergers. A lot of people have lost money in this sector and also mutual fund companies. They'll remember the risks for a long time. SEC is in China now talking with counterparts about the problem in this sector.
-