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Tibet Pharmaceuticals, Inc. Message Board

  • mcflyjmu mcflyjmu Mar 6, 2012 4:41 PM Flag

    Going down because traders capitulating

    The reason this is going down is because a high % of the float consists of daytraders- and when one sells, it triggers a chain reaction of stop losses. Today was another day of capitulation, those looking to make a quick buck got stopped out.

    Fortunately most of the daytraders will have capitulated and then you get to the people who will not sell regardless of what the price does until material news changes. Material news has not changed, and the buyout is still ongoing with probably a 95% chance of succeeding. In fact, the lower the price, the more chance that the board approves it because Mr. Yu and Mr. Guo are fed up that their ownership of 55% of the company is falling back down the toilet.

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    • I'll drink to that - and the company has 40 million in revenue a year.....

      Scam - I dont think so !

    • good points. Who wants to drown this deal only to see their company is crumbling. By the way I got a hint from fiona today. She didn't give me specifics , but said 'we are on our way". This is in response to my questioning the boards approval. Read it the way you want, either she is
      cruel and malicious or she was hinting they are on the way to approving
      the deal. I am holding until the end.

      GLTA

    • you must be delusional at best. Do you think no Big long term investor would be happy to earn some 100% short term on stock like that? Have you seen that decent companies' stocks in US whose CEO ever made go-private offer were traded at half priceof 'offer' made, like TBET now? Never, never, never, ever.
      TBET stock PPS clearly indicating Wall Street believes TBET is outright SCAM Co. More precisely TBET stock PPS action resembles Pink Sheet and OTC frequent 'buyout' news scams. It even does not resemble pattern of other go-private Chinese stocks, lol.

      • 2 Replies to mor_ze
      • Morze- what you fail to understand is that this stock does not have Wall Street Institutions in it, as I said it is a bunch of fickle daytraders and other retail investors. Fickle daytraders will panic and run for the hills at the first sign of selling. Fickle daytraders would rather take their profits than wait a couple weeks for news. Don't believe me- look yourself at the Institutional Holdings and you will see none- this stock is way too small and under the radar for big money to get involved. Thus Wall Street sniffing something out is a completely bogus argument... there is no reason to believe this deal will not go through, and it is almost guaranteed money here.

      • You hope morze. THe fact remains nobody trusts chinese stocks and this stock is manipulated. Just because it's going down doesn't mean we're knocked out. You took your loss and now let me take my gain,

    • Decreasing price also helps the buyout by giving the Board cover to approve it and defend against later charges that it was an inadequate offer.

 
TBET
0.0003+0.0001(+50.00%)Sep 15 3:08 PMEDT

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