The whisper number was 39M iphones. If 35M isn't a miss then what is?
If it would have been 40M then the stock would probably be up 7% after hours.
I don't have a problem with AAPL actually. It is just this whole market, specifically NFLX because I have puts on that total loser. But this market just won't go down.
It's just the overall market that is screwed up in the US. Yesterday NFLX guided lower as well (EPS 0.89 down from 1.06) and the stock was UP after hours.
The funny thing is how all the longs say that this quarter is irrelevant. Ignore it. LOL. $115 is next. If ever you have seen a market detached from reality, this has to be it. Can't wait for AAPL to crash. With all the bad news that came out of AAPL today, it's down a whopping 0.5% after hours. Let's see what happens tomorrow.
I don't know what is wrong with this fooked up site, but half of my posts are being deleted. You will just have to look up the 10-K to read the rest. It's on page 83 of the recently filed 10-K/A.
As far as "pushing the sell button" all the time is concerned, the SEC (in their S-1 review) and Nasdaq undoubtedly have asked them many questions about this as well.
This is what the company has to say in the recently filed 10-K/A about getting loans etc. FWIW, because I would like to see them fix these issues internally instead of counting on loans all the time. Quote,
Reasons for using equity financing:
The Company has not entered into a long-term loan arrangement; SJAP has an arrangement with the Agriculture Development Bank of China for a short-term bank loan (one year), and has applied to the same bank to refinance part of the short term loan into a long-term arrangement, which is pending approval. Beginning in July 2013, the Company has approached several lending institutions situated in the USA, Hong Kong and Sweden seeking long-term funding that is still in progress. At the same time, the Company is seeking to arrange with a financial institution in Stockholm, Sweden as the project manager to offer corporate bonds to various European investors with a view to eventually listing them on a regulated European exchange. The Company is completing all relevant legal documentation, and regulatory filings with the appropriate authorities in anticipation of issuing the bond sometime in the near future.
Our Cash Asset ratio excluding marketable securities (i.e. cash/current liabilities) under current conditions is around 0.04. Ideally, our cash ratio (including marketable securities) should be at 1.0 or higher. Thus, common stock is utilized to help offset cash available to cover immediate expenses.
In this respect, all third parties are un-related parties who have made advances to the Company (“Third Party Lenders”) over the years and have become faithful shareholders of and investors in the Company. (To be Continued)
You probably know that the prospects are impressive, with the Mega Farm and the Abattoir. But one also has to consider the risks.
- This company can't be delisted from Nasdaq.
- It won't go dark. In fact, it is pursuing a senior listing. And the company is very profitable with 5,000+ shareholders which means the company can't go dark even if they wanted to.
- The short sellers have no interest in this company at these valuations. Certainly not on OTC.
- The company is fully reporting so it won't be deregistered. And the level of transparency in the filings is quite impressive.
Sure, they have to get their financing in order. They are working on it. Whether they are close to achieving that, and what that means for the share price is for you to decide.
This company is 10x more undervalued than any other company out there when you account for the growth rate in the coming years. Risk is low to medium as I pointed out already.
One of the main reasons why the stock is trading at such depressed levels is because dumpage has ruined confidence, sentiment, and the stock with it. You can either exploit it now, wait, or let it scare you. For me, this is BY FAR my number 1 stock, based on fundamentals and expectations.
Insiders can't buy when in possession of material non-public information.
Most insiders owned stock before they joined the Board of Directors
Nils Erik Sandberg 4,123,210
Daniel Ritchey 1,300,000
Anthony Soh 250,000
Solomon Lee 12,500,000
There's another 7,000,000 preferred stock owned by management.
Insider ownership is the last thing you should worry about if you compare it to other Chinese companies.
Dude, CBAK defaulted on the loan. The assets are GONE.
Which part do you NOT understand?
Rear view window? What the fug are you talking about?
Why I have to listen to nonsense from clueless newbies after all these years must be some kind of punishment.
I don't understand any of this (either). Most of the assets are gone...
Even checked if I can buy put options with my broker but I can't.
Has the market gone completely mad?
I noticed this company recently that has a market cap of $6B. Nobody really knows what they do. They certaintly don't have any revenues. Not even a board of directors.
And then of course there is SIAF. Stock can't move up even after signing a $1.6B consultancy contract. Not even after announcing a partnership with Tesco. Although management has themselves to blame (in part) for the depressed state of the stock.
Brings us back to BCON or HEV. Those companies never had a chance. They were completely worthless. And yet they had market caps of almost a billion $.
I can't make money if the market is THIS #$%$. And I don't plan to wait 10 years.
You can buy this stock on margin in the US?
I can't buy any of my stocks on margin.
China-biotics was a fraud. Always has been. And the SEC knew it all too well.
"Realdutch, please reply."
What do you want me to say? It's not a secret that Solomon has been growing the company recklessly. Now they need the money.
I am not "Dutch Trader" btw. I did not write that article. That's someone else from Holland.
You said it was a "paid for Pump and Dump".
I have proven you wrong.
Now take a hike.
Why don't you read the disclaimer? Or perhaps you would rather ignore the facts and believe what you want to believe.
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