They're treating these Chinese small and micro caps as if they're all garbage frauds. Still, I bought more at 4.70 this is deep deep value in a growth stock that unless it is fraudulent is dirt cheap. Have 10k and that's it. Won't throw any more money into this, nor will I sell until it's proven to either be a fraud or the solid growth company I believe it to be. Man!!!
not so shocking anymore Chute I guess, it has become common place to see these companies just get slaughtered, I'm starting to think the sector has been damaged beyond repair, I only have a few thousand CHOP, as I had lightened up when they killed GFRE, it just seems like they are picking them off one at a time now. It's just to easy for them, buy some puts or short the stock, put an article out on Seeking Alpha and rake in the cash. There is really nothing stopping them from continuing as the SEC doesn't seem to care enough to do anything.
Posted a new topic before I saw this. I think that's exactly the deal, that alleged fraud in several Chinese small and micros is spilling over and that all these stocks are going to be percieved as too risky because people can't do enough DD with the language and cultural barriers.