As you know, NHTC is a "direct marketing" company....
What if there is no investigation?! If true, this is immediate Strong Buy.
See finance.yahoo article:
“On January 7, we became aware of an online posting alleging a government investigation of our business in China. By January 11, our Chinese employees were in direct contact with the Beijing City's government officials. As of now, we are unaware of an investigation. We have initiated the process set forth in China’s pertinent law to contact the website where the allegation was posted. We will appropriately disclose any material, verified information.”
Incorporated in US to prove they can comply with tougher US financial accounting standards.
yes, the news is the stock doubled in two months, and its time for some people to take profits.
History shows you should BUY here.
and "everyone knows" they downgrade it just before they buy it.
Note super small trading range since flirting with 50 DMA. Positive!