$6.60 offer and the stocks keeps falling. AND YET THERE WERE LONGS YAPPING ABOUT HOW $6.60 OFFER IS TOO LOW. If it's not taken out at 6.60 the stock goes to $3. Needless to say it's worth 20 bucks but you Americans have these Htown crooks who rape this sector. Clean up your house and then we have a 20 dollar stock. But until then the H-town crooks rule this sector and due to the lack of downtick rule they can short the stock into the floor boards any time they want.
If Abax Global Capital, the China Development Bank Corporation and Morgan Stanley are still in the game, there is little risk of losing the deal at $6.60, no higher or lower.
With the overall market volatility, some holders may decide that the capital could have higher opportunity elsewhere and sold out at depressed prices. We'll soon hear more at the next EA March 11 per yahoo finance.