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Yongye International, Inc. Message Board

  • dar3601 dar3601 Jun 15, 2013 3:23 PM Flag

    Any guesses on the sp at end of day?

    I'm guessing we open at slightly above 1.00 and get beat down from there.Close at something like .65.There is no way the shorts would let anything other than that happen, and it is painfully obvious that they have had control of this stock for a very long time.For those who have been here for a while,like plarger,you know exactly what i mean.

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    • darclown, I'll lend you some money to get your GED since trading isn't for you.

    • Hey, Dar...today didn't quite go as you predicted, did it!!!!!! Hope you didn't put your money where your mouth was.

      And, darn-it...I didn't get to add much to my position, either.

      Sentiment: Strong Buy

    • why was it halted, anybody

    • I think a lot of people here type things to get a reaction and this is one of them... this stock was trading at 5.70-6.00 prior to the halt and 10k (it dropped to 5.32 the day the 10k was not released), and since that time the only material news is they have gotten a signed 10k, released 2 fairly positive ERs, and now a reaffirmation from the Nasdaq. Also it's interesting you mentioned shorts because as I pointed out almost all have covered the past few months.

      Me thinks you have an agenda to pick up low priced shares for a quick trade. Unfortunately most educated people give very little credence to the posts they read on this board.

    • You're really funny...I can't stop laughing! Mostly at how much of an idiot you obviously are, but I'll make a prediction. Since management and buyout partners own much of the stock along with a lot of long-term holders, I would bet that the lowest we go on Monday is around $4.00. However, if we go below $4, I'm prepared to buy even more. This stock has been vetted more than any small-cap Chinese stock around. I'm OK with picking up more shares below $4 and getting paid AT LEAST $6.60 in less than a year. $6.60 is the low-ball price from half a year ago. The buyout will likely have to be around $7.50 to get any nibbles now. The special committee will have a hard time justifying anything below $10, but it likely won't get there.

      The shorts would have to be crazy to be racking up an even larger short position with the buyout announcement looming. I agree the price will go down, but you're smokin' crack if you think it will be in the $1 range for a stock that just got the green light after severe scrutiny!

      Sentiment: Strong Buy

 
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