broad market sell off and this pos green?
Why did 1.07M or 54% of shorts cover in 6 weeks from 3/15 to 4/30?
imagine all the money made from $9's to $4 in 6 months. Hope you made millions on your perfect call.
exactly, why not then when the stock was stupid high and now after it tanked short interest continues to go thru the roof.
Seems they would have used the tanking to cover but they poured it on more. Quite amazing.
Short interest did go up very large percentages before the crash too.
That increase would indicate another down leg coming. And Cox bought all those shares at like $28.
although I agree a massive increase in shorts even after the crash from $30's to $13 isn't good I will comment about your saying shorts are way smarter and have way more to loose than longs.
Shorting is the easiest and fastest way to make money in the stock market. It is way easier create panic selling and buyers to stay away than it is to create a buying frenzy and for a stock to go up as fast as it goes down. Stocks take the stairs up and the elevator down.
a huge increase and that was even after the tanking. #$%$ why are shorts doubling down even after the crash from $30's to $13.
Would they have been covering after the crash? Why are they still adding to shorts. Makes no sense unless they think this is a single digit stock.
I wonder what Cox and all the insider buys are thinking?
too bad Acadian, Blackrock and all the othere bought up over a Million shares in the $5's last year.
Everyone give Zhu a big round of applause.
What a great 5 years it was. I guess this would qualify for the hit peice #14.
Yes, CXDC is strong and breaking into new multi year highs. Don't know if you were around back in April 2011 when Muddy Waters put a hit video out on FSIN (another chinese copper company) and listed CXDC and LIWA in the backgound and all 3 tanked. FSIN then shoved a going privated deal up MW's arsss at a 13 multiple and now after 3 years and proving they are are real and legit CXDC is breaking out further to multi year highs. LIWA has yet to go up thanks to Zhu. Shorts have been covering both CXDC and LIWA and many of the big institutions who own CXDC also own LIWA.
Sentiment: Strong Buy
congrats again longs!
FOr those of you who were here when CXDC got hit by Muddy Waters hit video against FSIN and listed CXDC and LIWA in the background congrats for holding strong and or adding. FSIN shoved it up MW arss with a going private deal at 13 multiple and CXDC has not only proved they are real and legit they are breking into new highs and still 3 times undervalued. Maybe one day LIWA will actually go up too.
Two 9 cent squeezes two days in a row. Just another 13 more of these 9 cents squeezes and LIWA's back to where it was 3 months ago.
and after getting nailed in the whole Chinese fraud scam fiasco and 13 bogus hit pieces and short attacks that never proved anything wrong with 3.5M peak short interest now down 70% to 840K LIWA's stock price sits 1/3 where it was back in the $4's with 300% more cash, fundamentals, and book value that went from $2 to $12.
This stock is so undervalued words can't explain. Just a modest 10 multiple plus cash says $25 LIWA but nobody seems to care.
Thanks Zhu for everything you've done. And, a huge applause for all that value you kept saying you were going to provide to what you called your so cared about and valued shareholders.
prtetty much spot on.
Zhu has mislead everyone with comments and no actions
Zhu has lied to everyone a few times,
Zhu has not fullfilled his fiduciary duties,
Zhu has withheld important information (SEC)
Zhu has delayed and extended time frames,
Zhu created and ended a self induced quite period lasting longer than said & then no stated outcome.
The list goes on.
Zhu deserves his pos stock price but either the shorts won and Zhu is the ultimate winner.
He said he maxed out his margin on DWCH at $35 and then told me to go all in DWCH at $30 and he also told me I would die with my LIWA holding.
DWCH crashed down -60% from his $35 pump to $50 and he hasn't been heard of since?
Can't say I don't miss his clueless political beliefs and I told him he really needed to get some help with all his hatred and bizzare and abnoxious posts but I hope he didn't take himself out.
then after stalling with the 4th smeltor he then all of a sudden decided to hold off on firing it up.
Zhu expanded and build new smeltors but then had to shut them down for environmental upgrades so why were they done when they were just build. Another stall tactic?
Zhu said CCA contract would come in 2013 now he says they may hear something in 2014.
Zhu irontically forgot to declose the previous temporary shutdown of a smeltor knowing it would hamper earnings.
Zhu said he would revisit further ways to provide more value 2nd half 2012 and still nothing.
Zhu said wants Respect yet does nothing to prove that.
Zhu was always upbeat and optomistic at earnings and CC's now he just downplayed everything so he either lied about everything or just mislead everyone and ignore his fiduciary duties.
Way too many reasons pointing to Zhu hampering LIWA's earnings and growth to do a cheap MBO. Yong hampered numbers too before doing a cheap MBO.
I forgot to mention I don't care anymore either. As I posted before a sold a lot of shares the last month and unlike 2 years ago when I was buying into the $3's Zhu blew it and proved that he is #$%$ and I won't be buying anymore either.
You say you are holding just for entertainment at this point. I don't know why I'm holding and wish I would have sold more. Zhu is a pos and the price action after all this time is reflecting it. Why all those big funds bought last year and why another 400K shorts have covered since 12/1/13 is the opposite of the price action.