Sorry about that - looks like he bailed right before the Chinese stocks dipped. CAAS dropped about 90 cents in just 2 days.
Who the f are you? No web site? No SEC disclosures ever? Who the f are you?
So why are you not buying back? that's a 20% run if you're right. Not understanding if you're so high on it, why won't you rectify this matter?
Light volume but it has now moved up around 8%. The next earnings release will tell the story and we'll better understand the cash burn.
So how many more shares are you buying ? Backing up the truck? Second mortgage on the house?
You're talking $20+ - why do you need a pullback to buy? Why aren't you buying at the current price?
Recongize that the legal expenses will be high (they always are) and management will want their cut of the pie (a nice slide)- after that they're gone. Also the accountants will want their share. So $9 may be a good liquidation value. Yes, not sure why it takes so long without any statements, but the meter continues to tick tock away and suck on the bones.
I guess management is in no rush - why rush? They continue to draw a paycheck and if the Company is gone, the gravy train is gone too. They will always get the retention bonus.
You should have paid the fees - they're somewhere around 2A% and there is no load. Awesome year. Well worth the fees. See my other post.