I'm into chinese stocks pretty heavy and bought into them with the idea that chinese don't really think much about their stock holders. just hope they make money for themselves and I'll go along for the ride!
ah if the world was that simple, i have an EE degree and IF their product performs as advertised and that was the only issue this would be a no brainer buy. It also takes mgmt that has te stockholders interest beside their own. As far the long term investment thing, we just had a death cross and statistically when this happens you have dead money for 2-4 months, so yes you are right it is a least 6 months out to make any money for you given ideal conditions.
the crap they pulled at the last earnings report lingers. i was in this in earlier days during the hot china go from pennies to 1-2 dollars do a reverse split and list on the NASDAQ, GFRE was the best one I was in. i gave up on CPQQ when it was not moving at that time. It has a great story, great product and govt backing in a green time, unfortunately the green thing is hopelessly overblown, considered by the tree huggers as a silver bullet which it is not as time will soon tell. CPQQ is tainted by this but they are only sort of half green it is like the older lets make the existing system more efficient instead of trying to change the world. they have a great product and if they can get their act together and start paying stockholders instead of themselves the stock will go up, they just got too greedy. unfortunately standard operating procedure but this one was a total surprise. i would consider buying them as these levels but would like to see the next quarter report first.