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Yongye International, AŞ Message Board

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  • chipper4747 chipper4747 Apr 27, 2011 10:06 PM Flag

    Looks like a hit piece coming

    I'm of the mind that it is somewhat likely (>50% probability) that a hit piece is coming. Why? Because I've seen this set up before, with CAGC...where tons of put options were bought 1-3 days ahead of the LM Research "report" back in Feb. The shorts telegraphed their moves.

    Here's the key for tomorrow: watch the put option volume for May. If it's in the range of today or more (> 3000 puts collectively), then the odds of a hit piece are increased.

    If a hit piece is coming, look for it on Friday, where it will be hard for management to respond promptly.

    Keep in mind that YONG management has essentially declared war against the shorts. They told us they would be defending their stock, and when I saw it start to rise after their announcement, I was of the mind that they were in the market buying shares.

    The shorts have big egos. They won't give up so easily, so just be prepared for their counterattack.

    Holding shares, I sincerely hope we'll see YONG head up to $7, as some predict.