Bagholders in between Phase IV and Phase V of the Chinese scam
Phase I - When (insert name of Chinese company) releases latest fake stellar earnings report: "Shorts are going to be squeezed and crushed when the stock price soars to the moon....I just loaded the truck and will sell for a ten bagger!"
Phase II - When stock doesn't soar to the moon and instead starts trending lower: "Just emailed the CEO and they told me that a huge stock buyback is coming so the evil shorts will be in big trouble for messing with this wholesome and honest Chinese company!....Just bought more!"
Phase III - Weeks/Months pass with no share buyback nor any further news at all from said Chinese company, stock price nearing new lows as filing dates are missed, bagholder emails now not being answered: "Buyout coming/Going private!...the company is working on a plan and shorts are doomed!..Just bought more!"
Phase IV - More Weeks/Months pass with no news as the stock starts an even sharper plunge, previously hot Chinese company has now "gone dark" with phones disconnected: "Shorts still have to cover! Big squeeze coming!"
Phase V - Stock halted by SEC/NYSE/NASDAQ after stock crashes to pennies amid mass resignations by Chinese insiders: "We're screwed"
yep, and all public companies in china don't exists, nobody works for a honest living, and every tall building, high speed rail, and automobile are just mirages. Only we in America are honest, hard working, caring, and most loving people on earth. LOL