Short volume is down to 426k. That is as low as it has been in years. I guess we can't depend on the short cover,to get this thing moving upward. We may be drifting for a while.
You Know, recently there were only about 400K shares short. So you got a couple of hundred shares short ...BFD!
Yes, this slide looks familiar. Only question is whether it will stop in the $1.70's or continue to the $1.50's
If you move forward, you may want to solicite a couple of the larger share holders to give you more credibility.
You guys keep talking about management, but they are but puppets to Ming's wishes. Figure out where Ming is going and you will know the direction of this company. I have saddle this horse because of Ming.
I have been watching this stock for a while and decided yesterday, that this is a decent place to park some money for a while. Divi makes this decision easier.
I am long.
Agree, I would like to see them dig a little deeper into the chemical business. Investing cash leaves a paper trail to confidence.
My take on the Daying County project - they seemed to believe it is cheaper to milk, and or buy current production, rather than invest in new ground. I can see how that is possible in the current conditions, but I am not sure they are being completely truthful, as to when the Daying project became strategically obsolete.
Institutional buying continues as BlackRock Fund Advisors added 172,924 shares last Q. Institutional shares are now over 8% which is the first time it has been that high since 2011, if memory serves me.