Maybe too large a premium was seen as negative by shareholders..
Using Feddies good China stocks,,,NTES was down $11 Rebounding to down 8, KNDI down to 9.86 Now back to 10.10, CBPO was at 119 Now is up 5.50 at 125....So these guys recover quick with only NTES down a reasonable amount.
Avoided NHTC due to large speads and TROV because it is a Bio with no real pipeline. Pluis is that it's primary product seems real nice, No biopsy, Just ID Ca with Urine test.
I would love to have access to short shares
I might be able to explain. First,,I have stated that although KNDI has made me money (I have been bragging on KNDI every few months.) but because it's China I would never invest too much money in KNDI....Today I read an IBD rating of their four leading auto Co's....The list of "composite IBD scores was 1)GM (79score) 2)KNDI (67),3)Ford(57) and 4) TSLR (29).... If you look, you will find at least one article about KNDI on American financial sites.... As I said before, I had not invested a great deal in KNDI because it was China.. I think when a China Co gets many reviews and introductions by US companies that distrust
tends to disappear KNDI now gets some reviews like the IBD. It had an Investor Conf. hosted by GS....When people see many US companies involved they tend to trust the company more I believe the folds investing
in stocks like BIDU,CBPO, NTES and KNDI do do because they see a set number of US companies review or otherwise get behind them. To them the trust of the US reviewers overcomes the China distrust.
Little known China stocks like ONP, SORL or CAAS will not have massive investing because no US companies stand with them. How else would you explain SORL with major growth , amazing low PE and no finance problems.
I will postg the IBD article on an individual "reply"
No debt and large growth.........Very small cap , large spread in buy-sell, Buyt in afternoon...Risky because of cap
Up at least 2%...NTES, NHTC, TROV, CEMP, OME, KNDI, etc
History shows periodic drops like yesterday with uptrend resumed 1-3 days after drop.
A few are hot....TROV up 6%, but small and risky....RTRX still moving
CEMP , I think is near a double for me, with plenty of upside....TXMD slower mover but up every day.
but if you know its a pump and can time the dump???
Year chart great ...Large spread when buying...In the PM spread seems to go normal ....7 million cap so watch out.
By the way.....The company lists their products as Animal AND People divisions.. The animal protein is to
increase protein in food/products for people and animals..........They lisr pig feed #1 for animals....
For people the Omega Fish Oil ....I know people who buy that.