"this board has mostly emotional optimistic comments from average investors"
"(Wall Street analysts and myself included) "
Really? So you categorize everybody else as "average investors" but yourself "Wall Street analysts", right? Oh thank you for coming down to our level to give us a lecture. I will listen to your advise and short mnkd first thing in the morning on Monday. Oh I will follow your recommendation of IBB and CLR and buy some of those.
Today close around 6.5 Monday it will be up 25 cents to close at 6.75 due to short covering from oversold condition. Tuesday it opens at 7 following monday's momentum but then nose dive to close at 6.25. By next Friday it will be somewhere between 3 -4 and the week after that will find some bottom below 3. That is when you can buy a little for it going to somewhere near 5. It will trade between 3 - 5 for long time until if sales pickup going up or sales fail to deliver company go to chapter 11. I have seen this movie before and it is how it will be played.
I am fully aware of that. That is why I have more money in BYD than in KNDI. But KNDI is unique in its business model. It is a inner city rental car company so think of it that way. The business model is still in early stages so whether it can spread out is a question, so you need to own some but not a lot and if you lose its not the end of world but if you win, it will probably win big. Everybody is watching for new entry point to overweight. Maybe it is not prim time yet given recently market weakness.
2.8. Why? well before the Sanof announcement the stock was traded at 8. Now after the announcement the market quickly calculates and found the company is worth only 35% of previous price. So 35% of 8 is 2.8. So if the market think 2.8 is fair price. It has to be below that for investment value. Can we say 2.5?
2.8. Before the partnership news it was 8, after the partnership the market calculate and found since 75% of profit will go to the big guy, this small guy is worth 35% of 8, which is 2.8.
"In our case, LEJU and EJ are both solidly profitibale whereas Z cannot make a penny. "
That I agree, other things you can lie and spin, but dividend is something you can not deny. EJ is a high growth and yet dividend paying company. Very rare actually.
See, sfun is down 2+%, and we are down close to 6%. Why is that. Well now we have to drop in proportion to leju. But leju is an IPO and as such will be volatile. So there you go --- getting the "benefit" of spinning-off.
marketing schems. all started by Amway. Does it cheat and explore members, sure does. But is is illegal. hard to say. Freedom of Speech, I talked to you, and you want to be a club member, then it is all legal. As long as I did not point a gun to your head to force you to join it is legal. Heck organizations like Scientology is even legal although they use all kind of tactics to threaten members who wanted to withdraw. In comparison, Herballife is nothing. If cult is legal, HBL is legal and as long as it makes money the stock price will go up.
yesterday, you should be glad you shorted EJ, since it fells twice as much as z or sfun. Good for you.
tsla go. And ej has to drop 3 times as much as Z. I am educated everyday.
It will be fast and deep. Then Mr. Market will need to ask, if stock is not good, what is, where to put the money? Then it will figure out that nowhere else you can pay the equivalent of dividends as stocks, so it will buy back.
will take out the old high and establish high plateau and then to 32. That is this year's miminum IMO. In the next 5 years it is going to set up new highs one after another. You know why? It is simply because its business is going to set many new highs on the next 5 years. This is not the solar industry which depends on export so yo can impose tariff to kill it. This is for China's domestic consumption and with government support you don't want to bet against --- unless you want to depart form your money.
There may be a few fraudulent ones. But there are not as many as the public are led to believe. In fact there are auditing forms in collude with US firms who are competitors to destroy young innovative Chinese companies. Just think this way, if majority of companies in China are fraud as some claim, how can their economy keep growing and more and more people become millionaires? So the majority of companies have got to be real and profitable to collectively lift the economy.