If small cap China companies have not been manipulated then things like hit pieces, naked shorting, program trading, inside information etc never existed nor do now. Unfortunatley it seems clear they are getting pressure and or advice to do things anti shareholder to go dark etc. We saw this CPQQ where company was advised by key interests from this country to let the stock fall and in essence go dark. Couldn't force it up so short it may have been the goal for others and this one but they didn't do it because shareholders pressured for performance to the upside. jmo but will keep trying to get attention of SEC
Low volume makes it easy to walk it down day after day. Short sellers using endless gimmicks may yet have SEC oversight not because they want too but enough are starting to call for end of W Street corruption to program trade, short trade with gimmicks real value from American shareholders.
Could massive corruption to steal shareholder value from small cap China companies start to be addressed by SEC? Players here and there simply have to pay for theft.
As fewer and fewer profit from the destruction of more and more one can hope reason sets in and it stays in the ground. Paying for denial, government corruption, massive leverage etc etc etc. Can it be sustained while future generations are expected to pay the real costs?
He hadn't heard about this talk. It sounded honest to me because it was obvious an angry attempt at disturbing the listener. It failed and was ridiculous and therefor the best answer was I hadn't heard about this. Desperate attempts to destroy validity of company imo.
Yes I did. Twice The desperation of questions about bankruptcy though either shows key investors don't know A,B, or C about the company or are just continuing bashers to drive it down. I think the later.
You know they are just starting to get results from massive focus into R. Estate and with old business costs reduced small profit on the way it is a whole new company with tremendous assets all discounted like many other China companies by corrupt market makers/traders here.
Am I the only one that gets the impression this guy Roberts is not just a normal short seller but a representative of the destruction of shareholder value by any means possible?
Too early to tell if cash used for real estate was smarter move and while I too would love to see a buyback it is but one negative not countering many positives. You do have a way of clear focus on the negatives.
Another fact today. Drops near 7% on very low volume so far. Takes many times the volume to start the stock reflecting fair value and easy take down by market makers/traders. Add in the huge spreads that SEC said long ago was market manipulation and we get more of the same corruption.
A trend is a trend until it isn't. Seems your desperate to keep the trend going with no stated position. Why the compulsion to endlessly bash?
If as i said it is mostly corruption fueled here on our markets don't you think they will be second in line to start buying again once the corruption starts to abate? What is your position?
China small cap value all but destroyed and any relief from corruption sends what is left scoring imho. Naked shorting, price manipulation of traders, hit pieces, Ever higher favor for large cap multinationals, program trading, and advice to ruin their own value by taking cash by some. Any SEC help would be amazing. Why would insiders from China buy their own company stock seeing such corruption unless their traditional patience is about to pay off?
Pumping up mega cap multinationals that concentrate wealth and depend on government corruption and a willing public in the old sense of having a vested interest in being invested at all times so the insiders are insured against the bubble busting. Go ahead keep blowing up small cap value and human value with indiscriminate investing in old tired and corrupt fake bottom lines as this is.
In order to keep the gravy train going W. buffet needs more insider help from government. As Hillary and him help exploding rails and ecocide and genocide of things like tar sands with keystone support for years from Hillary and Warren buying Suncor one has to believe the current ratio of 1.05 to 1 is somehow safe and is not linked to the Corporate Socialism to keep the real costs off of the cooked books. Bernie or Bust.