i have been long and wrong on this 2 times now my son in singapore is shorting it and killing it every day. So today I sold and got out he has been telling me that it will go into the low 2s he says earnigs will drive it into the mid 3s after a week then the reality of china. He said that the US don't understand that china is all of asia in a sence
Being right and knowing why you were right (and being able to predict the future) are not the same thing.
Do you think people who held it from $250 to $700 were geniuses with tremendous insight? Your son got lucky. If he bought a winning scratcher would that mean he could tell another winning one?
most dont look at the whole picture they count every thing where as you as a share holder dont. Alot of unsold product makes up for about 25% of the companys worth. and right now its not selling well at all