It is a lost cause until another Chinese Clueless management responds.
I am fighting for my life in YY also.
Broader markets are rebounding strong and these companies are going in reverse.
There is ZERO interest. 100-500 shares are moving the price.
I feel like I have been scammed by cheap valuations of these companies.
Chinese water torture!
I am thinking of pulling out of all Chinese stocks to never invest again.
Problem is that they are so absurdly undervalued compared to overvalued US market.
YY again getting shot down today from 62+ range as the DOW rebounds.
This is what I call Chinese water torture.
Next year earnings will be at least $5.5 assuming ultra conservative 40% growth.
So YY is essentially trading at forward PE of 11
I am baffled as to why not many people are talking about this
What is happening to this stock is just unreal. You have PEG ratio of 0.15 - 0.20.
Does management even understand things like PE, PEG ratios?
Do they even know what is YY share price?
I was thinking of getting back into GPRO (after selling out yesterday at a big loss) but now I will hold off until I look into this
That is a clear indication that this decline in HLSS and OCN has gone too far and too fast and these stocks are highly undervalued.
World markets are trading at multi-year high this is trading at forward 15 PE and approaching 2 year low.
No communication with wall street
No shareholder enhancing actions
Nothing but water torture!
This company is one of the worst chinese companies when it comes to dealing with capital markets.
They wont even buy back their own stock.
CEO, CFO are totally clueless about increasing value for shareholders.