Remember my comments on CCME? Well, it is tanking again today. Looks like I covered too soon.
Also, I think today's weakness in YONG may have something to do with CCME, in a psychological aspect of the big money traders who have now so beaten down by the RTO group scandal that seem to be endless.
There're over 300 hundred stocks in the so called RTO group, of which, YONG is the only one I'm long.
Everything else is simply falling apart now. That's the main reason, I believe, shorts are taking a gamble on YONG this morning. It's called "group thinking". What else is new with those?
Bezek you're an asp clown. You still show your face here after the embarrasing pieces you wrote?
"How on earth could you open 20,000 stores, more than 40 each day, with only 399 workers?" Bezek Quote
LOL, you should be studying, get off the board and do your homework. hahahahahaha
"I know I'm preaching to the choir, but the problem YONG has is the same with all the Chinese, US listed cos., there is a short cabal of American investors working against them."
How could anyone in their right mind disagree with that view?
"Heretofore, Chemin has been part of that cabal; so I wouldn't necessarily count on his love for YONG lasting. Just a warning in case he turns."
Thanks for the heads up. I kinda felt that way about him anyway. However, I'm sure there are some here that consider him/his information to be invaluable. So I'll say no more about the poster.
If you covered in the $12's, you clearly lacked conviction, Chemin. Why would you cover way above book value when you considered it (ostensibly) a fraud? Something doesn't measure up. Something smells.
I haven't noticed this topic were responded with such "hatred".
Did someone actually laughed at my trades/covered? You know, before you come out to laugh at a winning trade, you should demonstrate you know what you're doing first. "Skyrocketing?" Didn't CAGC hire a Big-4, when the stock was over $12-13? So what?
I reloaded my short trade over $14 today. Just couldn't resist it, with someone actually showed up to laugh at my winning trade. I'd like to see a "skyrocketing", but by whom? Those big traders who took the stock to over $22 were completely destroyed. And you really think they would still be in the mood for another stay in the slaughterhouse?
"Well, that's another theory down the drain. CCME Plus .61 at this point as MW's attack was easily debunked as Chemin's were earlier."
Saw that, and I'm happy because I have a few friends who are in the hole with CCME. However, problem is, prior to the most recent MW, CCME had climbed back, I think, to the low 14's (?). So even with the rebound as a result of the debunk, the damage has already been done.
I think the only hope left for the longs would be a great earnings, in addition to them announcing a stamp of approval re. the divvy.