I think you want to buy dips here, if you suspect the $9 to 2 cents scenerio is way overblown. However, between traders and people getting out at any price, it'll probably be weeks or months before we start running back towards a dollar - hope I'm very mistaken...
Your observations are dead-on - even if co is controlled by evil people, what could possibly be the motivation? It is not to protect share price - that ship has sailed. A company whose CEO does what this one did is clearly damaged, but when shares are selling for under a dime as they confirm $110 M, it is too intriguing not to nibble. Results will either be a huge winner or a modest tax selling loss...
Keep us posted on your thoughts and any results your travels bring - the effort is appreciated!
I'm with you all. It doen't make sense. If you were a complete fraud, why put out a press release confirming your revenue targets. Why not just dissapear? This is what made me pull the heavy trigger. IMHO this may be a hit of a lifetime if I could somehow confirm that the LDH units are truly operational. I am travelling to China in Jan 11-Feb 3 and will try my best to get some evidence. I hope I can find enough to convince me. Not sure if I will be able to find anything out but I will post anything I find out or pics I get.
Good luck all.
This used to be a $9 stock not so long ago and analysts had a target price around $13. With revenue north of $100 million, it doesn't take a genius to understand that $0.05 is a funny price.
Hard to guess where is the right price, however, anything below $1 just seems cheap.