They said it would not be clear until end of January.
It is not just jks. Solar stocks across the board and stocks that had big run this year.
Because the economic condition is good in the US, market is afraid of any big change in Fed policies. They will continue to take profit.
Jks jumped from $3.00 to $34.00 in a year.
One of the reason is that people are taking profit . Wait until new year, we shall see.
SA article tried to slam nq this morning. His ignorance makes longs realize how much undervalued nq is.
The hole in his piece is that he compare the dominance of qhiu in PC and app market without realizing the nq is in the pre-load market which will generate more revenue than qhiu in the long run.
When people stops buying, the volume dips and manifest the drop.
Today is the turn around.
Look at how much has the stock risen this year. It started at $2.50. The fund manager needs bonus. The only way they would get their bonus is to cash in profit.
The market is way too high. Wait until the end of the year after fund managers got their bonus.
How about Enron, Lehman's brothers, Bear Stearns, Northern Telecom and on and on. Nobody or short sellers have ever attacked them for being fraud and they are gone due to fraudulent practice. Those are real fraud and not the imaginary ones alleged by MW. You brought up a very good point about MW's case about sino-forest. MW did not even mention about the timber they owned. It tells you how good the research MW has done. Therefore, the down-fall of sino-forest should not be quoted as a success for MW. If you throw enough mud around, it is going to stick. As one smart investor used to say: " you are as good as your last investment (or last research paper). Since sino-forest, MW's research has failed 7 out 7. If you are paranoid about fraud, don't get near stock market. Stock markets worldwide are full of fraudulent companies whether it is US companies or Chinese companies. Be careful is the key word. I've never put all my eggs in one basket, no matter how good it sounds. Having said that, I am prepared to hold 4K shares for two year or wait for $100/share whatever comes first. I had made lot of money betting against MW. I bought sprd at $14 and sold at $30.60. Profit in FMCN and EDU and QIHU are just as good
Tell me what in life is 100% certain. I am over 60 years old and have never come across anything that is 100% certain in life.
Your arguments so far prove that you are an amateur
I am going to hold my 4K shares for two years or $100 a share whatever comes first.
I would not call CB names. He is the one who gave me an opportunity to get in low. He also introduced me to this gem. I have followed him in the opposite direction and made good money on it. I hope this one is another qihu. It has the same character written all over it.