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Yongye International, Inc. Message Board

  • baronkimble@ymail.com baronkimble Jul 2, 2010 4:41 PM Flag

    Awesome price action

     

    Unfortunately I didn't get in that obvious buy yesterday.

    This company is solid, sell in the 8s if you are not a long-term investor.

    Sold today for a quick profit, however I bought 220 July calls for roughly a dime each, I plan for them to go up much higher.

    This market is so oversold, and YONG is a rock solid company which will go higher regardless of market direction due to it's business model, top management, financials, growing market share, etc etc.

    Yes, it sucks they didn't give unrestricted shares to the distributor who then dumped them yesterday, but it made for a great buying opportunity.

    Long-term price (1 year plus or minus 6 months): 12 dollars
    Disclosure: I own 220 July 7.50 calls

    Check out my blog at:
    baronkimble.com

    I plan to update it more frequently, often I short sell. Enjoy the 4th!

    This topic is deleted.
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    • A couple of observations.

      As future stated, the shares have a 6 month lock up period according to this mornings press release. You obviously don't know enough for anyone to want to visit your blog.

      Secondly you sound like a snot nose kid liar. The only July options that traded for around 10 cents were the 7.50 calls. There were only 5 contracts traded today. LOL.

      Thirdly this board has some savy long term investors that can see through ignorent posters. I suggest you take your bulls@it elsewhere.

    • Yes, it sucks they didn't give unrestricted shares to the distributor who then dumped them yesterday, but it made for a great buying opportunity.


      The YONG shares have a six month lock up period. They were not dumped yesterday.

 
YONG
7.050.00(0.00%)Jul 3 1:00 PMEDT

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