Furball I love SNDK have held it for a while , its been very good to me , they are usually a 2nd 1/2 of the year story so be patient , qcom is in aapl so they should do well , I actually bought a Chinese company today SINA , earnings are on the 27th i think they will do well with weibo (twitter of china) i actually think if u buy Dang and hold it u could make a lot (amazon of china ) i have done well with Trina solar and bidu (I still have both TSL is stuck in the mud as of late but they report earnings next Thurs) Bidu had earnings yesterday it grew 82% over last year but the stock got hit hard probably because it had a nice run up going into earnings. The thing with these stocks is if you rise over 20% you have to take some off the table , and than when it has a pull back u buy more , there always is a pull back. I think u should have stayed in JASO also that will be a $4 stock in October.
absolutely and completely agree... 1) IF the company is silent on purpose to get all ducks in the row before announcing the results and IF the single communication from last summer was to let us know the company reality if we wanted to invest in it (a big leap of faith, one which I have adopted - but it would be Oh so much easier with more company communication -- but, then the price would be higher -- risk / reward, I guess...) THEN - this is an awesome deal.
IF on the other hand, the investigation has just been a delay tactic, then we're all dinged.
However, if I were doing a delay tactic - I don't think I'd bother and hire Shearman, Christensen, etc...