This stock is below where it was before they released the earnings. This so called bull market is incredible the way nothing holds any gains. In a normal bull market a low floater like this with good earnings would be sitting around $10 on at least 200K volume a day.
The action in this stock has been very suspicious. About two weeks ago someone would come in every day exactly 5 minutes after the US market close and dump a block of 30K-50K shares. Then the AH dumping suddenly stopped when the price dropped back into the .50's which then changed to dumping during regular market hours. My guess is this is either Fengbin or another large holder dumping and not filing with the SEC like most Chinese scams do before nasty news. Not to mention the chief auditor recently resigning. Watch out with this POS.