China is going to regulate the car market to reduce air pollution in the cities. They are going to require all Cars in the city to be emissions free. HUMMER lovers like yourself won't be able to drive it in Beijing
well..what do expect from "major.fraud". I'll say mostly lies. MCap of 1.3B by the end of the year maybe.
also note that they have change much of their management in the last year. Indicating some concerns regarding the company's direction.
Sorry, it'll need more than that. Their cash pos is bad and I don't think they'll find anyone interested in financing them at this point. The only possibility for RGSE is to get bought out, but even then the price will be no much better than what it is today. It was a good company, poor management did it. Bit more than it could chew
Sentiment: Strong Sell
shorts will cover before earnings and jump on it right after regardless of ER. Only the real brave short sellers will hold during ER time.
good thing cnlg1000 has a friend. Shorts will be looking for the exit doors by the end of next week, I doubt you'll wait until it hits $5.