Bought 5000 at $3.75. What a bunch of complainers on this board
You guys do not even know the difference between a good investment and your toilets.... . In todays markets there is NO stock you can keep for long time. Even APPLE went from 700 to 400 in just a couple of weeks. When a stock is low... buy... when the profit is good, sell. I bought now.... look at the cash... and the business they are in... and last quarter was a positive surprise.... and no debt... and only 80 million shares... A lot of shares in steady hands.... this year it will go higher then $5 anyway.... so I sleep well no matter what you guys are complaining. Just sell on time and that goes for every stock
better take the 3 cent gain. tell me who sells at all time low? put a stop loss in now. I have watched a lot of stocks over the years, and alot of symbols dissapear. this trades like one of them. just sayin. glta.
Same happened in previous earnings... a lot of negative.... stock sank to all time lows... and then good figures out.... and anyway.... look at amazon.... net profit of MINUS $0.09/ share and a pps of $273 based on 450 million shares ( 5 times Dang's). Dang's book value is at $2, Amazon's at $18. So Dang's PPS should be at around 9 times less then Amazon = $270 : 9 = $30
And China is THE country to invest in... whatever you may think.
But maybe you are right in 1 way... maybe some people are creating these lows ... to take over / buy out Dang at $5..... that would be a disaster. But without that.... Dang is a sliced loaf of bread.