I'll remind you later of your reason for not buying a company whose market cap is half of the cash on hand. If it hits $2 per share, you get applause for your prediction. If not, you really ought to revisit your approach to stock valuation.
The stock generally pops with earnings, and a little prior to earnings, but then a month after earnings, they go down. Will get to about $2.00 a share, before going up again when earnings are released.
I don't understand this talk of what will happen "before the earnings release." The company just released earnings 4 weeks ago. The performance was extraordinary, with revenues doubling, cash balances up, earnings beating expectations, etc. And a PE ratio of around 1.5?
Waiting for a better valuation is a strange response, in my opinion. If you don't think this company is a buy with a PE ratio of 1.5, why would you change your mind at 1.25 or 1?
I see you are positive on this stock posting buy sentiments, etc. Please STOP immediately and cease posting. If this stock has any chance at all, it will be when people like you (very small, relatively poor, inexperienced, and unsophisticated and not particularly successful invetors - did I describe you correctly? if I'm wrong, let me know) are no longer around posting on this board. You are jinxing this stock and I'm not joking! The only people on this board should be those who state it is going sub 2, for no particular reason except it is Chinese, all lies, etc.