it looks good- i still believe they get taken private or its 120$ in 2 years
Company should at a minimum buyback stock they diluted at 73$ what 5 months ago ha-Easy arb trade.
The company probably goes private like the rest of the Chinese company soon or Tenchent or JD buy the rest of them
you got a falling knife right now as the company ramps spending which is hurting EPS but you got what 90% growth rate-plus all that cash. Plus you got big so called smart big time holders of tiger management and now you got OCH buying 3 mill shares. Tenchent also own 15% of long and stepped in and buying the rest at 18$. since tenchent paid 73$ it will be interesting to see if they come in buy the rest they don't own. They should buyback 250 million of stock right now but i still think next 18 months looks great as cap ex spending slows down next year-
The positive -the game will be very transparent -the negative-the company is very non transparent. will be getting a nasdaq notice eventually for not flings its 6 month report for the first half of this year? So why would any fund actually buy it? nope.
Mika should take his 150k bonus and be forced to buy 200k shares if its sucj a good deal for CLRX shareholders ha
so either MMMS is a great short because its price is coming down to 50mill or CLRX is a great buy.
WILL the company ever announce anything ha- stay quiet -keep stock low-go private at 1.75$
since their investment imploded?
Their is a link to it when you go to China Firefall website forum and go to general discussion to read about it.
A usually ZHU and company say nothing to USA shareholders.
best case is 3-3.50$ in which deal would get approved in a second-imo i've been saying ZHU and ncty and lot of these Chinese guys want their stock lower so they can buyout cheaper-NCTY And ZHU already did this by not doing 2 things 1,ZHU said he would buy 5million of the stock and that was at 2.50$-did he do that? 2, NO PR-No call- nothing to attract investors 3, No buyback of shares 4, did nothing to increase shareholder value by selling the company. Everything done to protect ZHU.
IF theirs a buyout price it will be very low-I would guess around 2$ based on all the deals. Sorry Northern your 20$ is not even close. Chinese stocks have been great-Unfortunately this is one of the worst in the world.