Did you place a stop loss on your shares, and if so, at what price? I'm looking to get in big but am trying to pick close to the bottom. My only fear is that SCOK will be like PUDA. But there are indications that SCOK is the real deal. I wonder how much further SCOK can fall based only on FEAR? GLTA
No stop loss on this. It has already been desimated without cause. It will bounce around between 5.25 to 6.00 until they report earnings in May. Volume is light and as you know most retail investors have given up on chinese small caps therefore it will take some time to recover but it will. It is easily worth $10 today and $15 after the new coking plant opens. Plus any mine consolidations they absorb at low valuations will just be gravy. This will be an $18-20 stock next March.