I for one am looking for a positive outcome from this halt! Assuming no really bad news, this might be the last time a person has to lower their cost per share in LLEN!! While you could loose your shirt,this COULD be an early X'mas GIFT!! That's what I'm hoping to do!!! Pays your money, takes your chances!!!
While no one knows what's happening, this halt, on the surface does not seem to be a big deal!! The company presented their reply only last week and it could not have been combed thru in this short time. While I always worry, this halt does not look to be a big news deal! JMHO and HOPE!!
A small research firm started coverage of LLEN with a buy rating and a valuation projection of over $5.00 this morning, so some shorts are covering! Others are buying the news!! This does not change the lawsuit picture and I'm just guessing that we start to see some profit taking soon. Corporate structure and dealings in China are hard to understand and harder to explain to the western mind! This cloud could hang around for a while!!