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Is it even possible to short? No volume.
Means nothing...
So you're saying the bid is actually down now? Which is it? Also, less than 400 dollars traded today. This is a joke.
The only money to be made here is by Idaho Power, who is getting 800k a month to power a nonfunctional plant.
This will never go above 20 cents again. The company went dark.
Just be patient. Plenty of cheaper shares coming by the end of the year
Yes. You are very strong indeed. Weak hands sold in the 3-10 dollar per share range.
I think you miss the point. Any money spent here is wasted. You'd be better off lighting it on fire.
Those numbers are all unproven. The insiders probably dumped when this was still on NASDAQ. Auditors are gone now because nothing can be proven and the insiders have all disappeared.
Wow. Up almost 50% on 24 dollars worth of stock. That's terrible. No legitimate interest here at all. A 50 dollar sell order might drop this below 5 cents next week.
Website is gone. Look out below....
If it only takes 100 dollars to bounce from 9 to 11 cents, I wonder how much it will take to drop this down to a penny?
On less than 150 dollars of stock sales and purchases.
I'm not sure any "investor" would buy this at all. A gambler, maybe.
If anybody buys at the ask and sells
at the bid, they will be down 40%.
That's what happens with these Chinese fraud stocks that have no volume.
None of those numbers have been validated. The auditor resigned.
I will be curious to see how this is resolved (if it ever actually is resolved) since this has sort of become the posterchild for Chinese stock scams. It seems like a good sign that the company was sold, at least that implies it was worth something.
Buy some now and you're already down 40%
Strong support???? The volume is ZERO
Only difference is JGBO is in China and can't be touched by the SEC. All they could do is delist them. Chinese scam companies never file bankruptcy, they just go dark and the volume dries up. JGBO is a great example.
Lol. The same way Enron was "manipulated" down back in the day.
What, you don't think 11 cents is cheap enough? I though you said this was a 100 bagger?
No sellers, no buyers. Why isn't anybody interested, I wonder?
Not according to their auditor. Or should I say the previous auditor, the one that they refused to cooperate with an eventually quit.
Not so sure about that. 9 cents for worthless shares in a shell company is a pretty good deal.
No money to be made here unless you're shorting down to sub-penny and covering at the end of the year.
The insiders have already made it clear that they don't follow US laws. That's why this got delisted in the first place.
That website is a joke. It was completely abandoned over a year ago (no updates since June 2011) and the updates look like they are straight from yahoo anyways.
So you're saying that "weak hands" are the only reason this isn't trading at a book value that no auditor will sign off on? No, I think the market knows the truth that this is a shell company with no audited financials.
That 8-K says the payment is due at the end of September. Nothing more.
It'll break below 5 cents by 2013
There is no 8-K that says they paid Pope in 2011.
http://scas.issproxy.com/pdf/32875cmp.pdf
This explains why their financials are not to be trusted...
"Latest" 10-Q is over a year old and the auditor resigned for what are now obvious reasons...
The cash value is zero. Their financials are nonexistent and unaudited.
Where are you getting those numbers from? No auditor has approved financials for this Chinese shell company, so it's basically a scam.
That post/logic makes no sense
No doubt about it. Next stop, 18 dollars a share and billions in daily volume.
Makes you wonder why a company with supposedly 180 million dollars worth of equity is trading for less than 2 million. Also makes you wonder why they haven't filed in over a year, rendering previous audited financials meaningless.
155 shares isn't manipulation, it's a lack of interest. SEC litigations tend to do that.