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.