These messageboards are going nowhere. For instance this Alcoa-board, some spam, some shorters and lots of 'Topic hidden because you ignored this userShow Post'...
Yep, I sold. I ll comeback when they are improving with Aokang. But they probably are going bankrupt within a year if they dont improve their cashsituation or perhaps Aokang grabs rest of the shares for a penny.
Why that? For the first time they made a profit on non-gaap basis of 7 million. Revenue outlook is a bit weak but I guess its because they are shifting to more profitable goods like they said in the conference call last time. And of course the dollar is still hurting them.
Contributions of Aokang still yet to come in the future.
I mailed ir some 2 weeks ago. I got an answer within 10 minutes: No date has been set yet.
I still think Litb is going private. Remarkable were the huge spikes this week, also in volume.
Last two days volume is picking up with spikes. Would not be suprised if one of these days LITB gets an offer for the rest of the shares. Would be the best to end this misery.
They probably run it further down and then buy it out for 4 dollars, why would anyone sell almost 25 percent at 6 plus with better prospects. Happens all the time with these China stocks (look at DANG).
One must be reallly dumb to keep pumping this all this years...
Do u still have that reply, mail it back with comment. I did reply an old writing of IR after their Q2 numbers and sold all my shares a few weeks ago. Never got an answer back by the way.
I ve never ever saw a bid so quick after a freefall of the shareprice and normally its an average of the shareprice over weeks of even months but these crooks only use almost the lowest shareprice in years.