I just asked a generic question in regard to Chinese companies. There is some history as I am sure you are aware. I am not negative, just asking. But I will admit I am thinking of shorting at some point. But it will take a reversal or news to make me act. Has not happened yet. And it's nothing about the company or things I have read thus far which makes me want to short, it's simply such a quick rise for a company which has had one decent quarter as of late. It's more technical than fundamental. I think the same way about the fuel cell stocks, which I am not short, but may soon.
Only know stock has had a parabolic rise, usually does not end well short term. But I have no position. But the defensive, inappropriate responses here to me indicate others may be worried also. Just bizarre reactions for a legit question. Trouble and disturbed people for sure. About 1/3 of the Chinese ADRs were just fiction. It should be a concern of anyone invest in this market. Not saying it is true in this case by any means. But interesting not one response addressed the concern (like results are audited by...), just bashed me and made up stuff and lied.
so far up their #$%$ they can not read a post. They are blind.
One thing for sure the responses to my question, when the first thing I said was no fraud, were the dumbest I have ever seen on any board. Congrads you guys deserve a prize.
clowns beyond belief. evil.
boy some really smart responses. As I said no position one lie and another idiot. What is wrong with you people?
a Chinese company is anyone concerned? No position.
Interesting you did not post in premarket when stock was down. You sold in premarket at lows and lost money.
positive into close.
STX off more than most but wdc, sndk, ntap all down today. This must be sector rotation by some fund today, I think if there was news it would have been out by now. But why stx is so far down relatively speaking, got me.
but I heard it here first this was going to close near 22 yesterday. shocked to see you back under same id.
this could also be an instance of buy the bad news once out, but depends on the news.