IT Tech Packaging Inc (ITP)

[manatee]

FWIW, I closed out the last of my position here today around 7.50 (from sub $4.50). I just dont feel any substantial end to this Muddy Waters mess has been proven, either to the positive or negative. At this point its simply not worth the potential risk since the audit report PR seemed kind of generic (as expected) and really didnt prove anything. It seemed more like just a simple rebuttle then a solid defense. The great opportunity for profit taking came after the recent runup pps wise.
I will look for 6.50 for some support but wont really look to actually buy untill either I see better validation by the company or a test of the lower $4 range as bottom support.