Thy say to short the stock..........Link:http://geoinvesting.com/forums/SingleMessageView.aspx?mid=9163&twt=0&fb=0&lnkdin=0#singleMsgI use to like those guys over there but now they have just joined the crowd and shorting everything China. How can someone running a website with that many followers trade using it?? HOW IS THAT NOT ILLEGAL??
I'm new to all this stuff, and obviously naive. How does a company have a record quarter and start tanking.
China based small cap, low float, no large volume institutional investors, and most importantly short interest manipulation.
It is of course illegal and no one cares especially if he does it and they make money from it. This is overt manipulation.
Wat kills me is this was all planned!!! It is impossible to prove but I believe this was planned and has been. Post the short on earnings day and crush a potential breakout...
Must take place tomorrow then.
He says he shorted at $5.39 which is about the time the dump happened.... He is using the website to front run IMO.....
They say they are not "super confident" about the short and are opening a small position. They're just speculating. This is not PUDA, where they had documentation of fraud.