Sino-Global Shipping America (SINO)

[value1008]

I just wasn't thoroughly confident that this wasn't just a one-day momo-trading event caused by some group of traders in cahoots to stage a pump and dump. I mean, where did all that volume come from, on no news (specifically beginning around 11:30 with a buying spike of 100k shares)? Judging from posting behavior at Stocktwits a lot of new guys & gals were posting bullishly on SINO and also copying the tweets to other ticker names to bring in wider attention.

Maybe this is in fact the start of a sector rotation of big money and momo-traders back into the shipping sector like last Nov. If so, with SINO's tiny float, this could really run much higher than we've seen YTD.

It would be wonderful if CEO Lei Cao were to put out another shareholder letter in Nov. before earnings like he did last year. That could create some more substantive buying, imo.

Most of all, i hope SINO can post in ten days or so not just a serially better EPS figure for Q1 (and recall the comp with last year's Q1 0.08 EPS may not be easy to beat), but also give us a bit of rosy guidance, if possible.

I would buy a lot more shares on that!