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.
Nobody said You and you alone. W. Street has favored mega cap multinationals for a long time and the fund managers chase each other so all the attention and money flows there today. At same time we see massive corruption to destroy small cap value and destroy anything resembling discriminating investing by individuals and managers imho. China insiders can't compete against W. Street corruption but are encouraged to participate in taking their own companies dark and I have talked with at least one person who admits encouraging several small cap china companies to take the cash and go dark. He is from Texas. CNFT does have more funds that has made it a little more difficult to completely destroy shareholders so may represent the first to bounce back.
Let the industry run itself seems to be the rule ever since the President started moving to the right. Nobody in jail from massive W. Street corruption and so I agree nobody expects a sudden change but pressure is building to finally hold W Street accountable. The confidence you have to depress China small caps or just destroy their value is clear and shared by others so in a sense it becomes one big bully like meltdown. Why would an insider looking at our market disfunction want to participate and many companies in China are kept from public as far as investing in them. You can gloat about the massive corruption and make money shorting if that is your position on other stocks from China but eventually our markets have to reflect some fair value or close down.
SEC has let small cap china companies be subjected to everything from naked shorting to hit pieces and massive market manipulation to go dark or short with programs for years. Any relief from SEC should provide a nice bounce and combined with reverse split if enough demand action for honest market making we could finally see rational value. Mega Cap massive support from W. Street is close to destroying our markets and so the air may be coming out of that almost decade long institutional chase game which would again make CNTF and other massively undervalued China companies finally get respect. jmho.
Now that E. Warren and B Sanders are exposing the massive fraud on W. Street maybe the last six years of favoring the mega cap multinationals and destroying individual small cap value will reverse? Certainly a six dollar stock with no reverse split would almost immediately be given should W. Street get the message.