FAWK the SEC for allowing these CHINA-SCAMS to continue.
Everyone makes money on these SCAMS except the STUPID American Investor.
The brokerage firms make tons (they all went short the IPO)
The Thieving, Conning, Conniving, Low-Life #$%$ Chinese make TONS.
Everyone gets rich while the ever hopeful American investor is left holding the EMPTY BAG.
All these companies have FAKE BOOKKEEPING and VALUE. It's all a SHAM.
The SEC would delist all this GARBAGE except they get PAID to allow it.
If DUNG and RENN had ANYTHING going for them at all, they wouldn't be at ALL TIME LOWS while the market was at ALL TIME HIGHS.
Look at VIPS or YY to see how a REAL companies stock reacts to a market rally.