Jack Ma is not happy with Vietnam.
Unless they file BK before the price target.
Sentiment: Strong Sell
You are correct. It did go up from 5.69 to 7.50, but I did not short it. I was merely predicting a secondary, which was priced at $4.
Usually, the PPS will slip under the secondary pricing sooner or later.
jp_merlin • Jan 31, 2014 1:15 PM Remove
users liked this posts
users disliked this posts
Pretty soon they will have to raise capital, only 10.5M in cash left.
Secondary or going into debt???
either way, shorts win!!!