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Yongye International, AŞ Message Board

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  • yo_roe yo_roe Jun 22, 2011 1:07 PM Flag

    Bloomberg ... Yongye ... Kevin Barnes etc...

    Thanks globalfp:

    Would you care to share your current position with YONG? I seem to recall that you last held a small option (call) position. And your outlook on our appreciation/erosion potential?

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    • Hi yo_roe - no change for me, same october 5 calls. Limited risk and unlimited upside 'till October. At the time I got them they were the longest available and with less than 10 cents of time and vol premium.

      The plant they discussed was said to be in Hohhot, the picture was taken at Fumin.

      For the record, when I visited the old plant last year their was very little activity on the factory floor also - but it was a Saturday if I remember correctly. Who knows. It certainly seems like it doesn't take very many employees to manufacture and bottle this product. That doesn't really concern me, but it's obviously got RichardxRoe's attention.

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