you shorting a 7Mill/Mcap stock, yea that must a smart thing to do haha..
The YMB says about 34M/shares, but their last financing was terrible and very dilutive.
I interpret it as the company has over 100Million shares outstanding fully diluted.
what is the crime status for this information being wrong, its posted on their website so there is some who is responsible.
If its true, some news would be out tomorrow with a statement.
got a English link so i have read it, thanks.
Still no appreciation from the market, but its on so far positive.
Those links ppl are posting is some foreign site, and unless you learn Arabic really fast i suggest you do some DD before entering this stock on a buyout rumor.
Just my opinion, and i am not short just so you know.
well the best way is to trade those volatility swings, it sure makes up for the boring days without volatility like this.
but it seems that you are the one loosing money or missing out at the moment, how does that feel?
NFEC is a chinese #$%$ company, and you know that you cant trust those companies yet.
Its only good for trading if that even.
Re-do your DD on it and get back and write what you found out.
i figure that aswell, and i find it attractive at these prices.
One has to remember its volatile when it is only 1,9Mill shares outstanding, and a mcap of approximately 8Mill/$