The paying customers and investors are getting their briefings and advances report...hence the up trend since last week. We freeloaders have to wait after their trade orders are all in.
Probably done in a couple of weeks. A lot of money lost, down 50% YTD while S&P is up 26%.
Toro Investment Partners is a private investment manager that employs a value-based investment strategy with a focus on emerging markets and industries.
We just completed our DD yesterday. 3.5 weeks, six cities, over 30 meetings with channel partners and ecosystem players across the value chain. All confirmatory of our initial conclusions, with several notable positives we had missed previously despite having done quite a bit of work. More to come on this when we get a chance to organize our thoughts. The meeting with the government (MIIT) was most enlightening.
That's turning over the float FIVE times. Range $7.58 to $25.9 or nearly 350% P2P. This is no investing stock but a gambling one. Place your bets.
Looking good for Toro.
Out of curiosity, how many people in China has an active cell phone? Consider that China has a total population of 1.35 billion including babies and senile octogenarians. 400 million seems to be near saturation in mho.
So, it is alright if the SBC was $12 million of net revenue of $50 mil? How much does a typical engineer or technician make in Beijing in a year?
LOL! Another quarter? This stock has been pinned at the buyout price while the vote-no crowd had done nothing to accumulate shares. Why don't you wait another year for better numbers to come. Meanwhile, the market hits record highs gaining well over 20% YTD. Get it over with already. Put up more capital or let the highest bidder gets the bride.
Shares pinned near $14. No firework, no drama, no new hit/pump pieces. Block has won the war in mho. It seems to be a difficult climb back to $25 or more without additional institutional support. Piper needs to come out on its rating now that EA and CC are in the books.
CB had won the battle and war already ... take a look at the share price, down from $25 to less than $15. Shareholders were beaten and chopped up by Muddy and no sugar coating would help.