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China Nutrifruit Group Limited Message Board

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  • davesmith49 Apr 27, 2012 4:02 PM Flag

    Halted News Pending

    At this point, I'm thinking it is likely a buyout. I would like a premium over the shareholder's equity please, $3 per share.

    It shouldn't take this long to put together a press release on sodium. Odds are they are in negotiations to sell the company. Oh well, we'll see.

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    • I hope you're right, but if wasn't for bad luck, I'd have no luck.

      My feeling is that for the halt to last this long, it's either very good news, or very bad news. I'm preparing for the worst.

      • 1 Reply to jimcramer61
      • Don't be too negative. Most of the Chinese stocks that involved fraud were uncovered first by 3rd parties. I don't see that here. Also, insiders supposedly hold 85% of the stock. And 3rd, its quite possible that the stock price was manipulated lower so that a buyout at 100-200% of the last sale price would seem like a bargain to the remaining shareholders. My guess is that there's a buyout coming. That would be nice.

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