They got listed in Nasdaq hundred of them all Scams..Read the papers.Sec did nothing ,chinese Goverment corrupt elite let their friend alone. US investors lost ALL THEIR MONEY.
They never solved this problem, Chinesse Government looked at the other side. These Scams were listed via Nasdaq in the US with colaboration of Banks ,Funds etc....these crooks are still at large with our money.
WHAT IS SEC DOING TO THIS REGARD ??
I am not an expert chartist by no means by i would speculate that we have a triple bottom scenario two bottom marks were 09/16/2014 and the third today. Just check yahoo 5 day chart.
According t AGCO chart you will observe that since the the top the 10/24/2013 it has broken 4 consecutive Tramlines to the downside including a long term one.Next support tramlime seems to be at around 46 more all bad news already baked into this sector unless some very bad surprise comes up i believe that the next support level should hold easily hold or better yet change the trend for AGCO . (a fine quality stock unfairly punished). imao
Appreciate other inputs. Thks.
ok .but sisnce there is no reason for this to happen it is obvious that the company is been pummeled unfairfully. just load up....medium ,long term is bright. imao
You are right.This is absurd but not imposible. Great time to load some more shares. This is an opportunity.You wont find many of these nowdays. In my opinion Agco has a much better and clean balance sheet than Deere and Deere is a great cormpany too. Good Luck.
. This valuation is really cheap. We know sales decreased since last year,but in fact they increased since last quarter ,they are buying back and working hard in offshore markets... small divid ,we are growth oriented and we will make it.