China Trading Stocks

[kindama]

Re: SPU

If you heard the cc they refused to explain their $120mm capex plan because they say they don't want to create the possibility of providing guidance and then falling short.

But in the absence of any explanation it's hard to craft any thesis for buying the stock. The company says the Board of Directors reviewed the merits of the capex plan - well they don't seem to be buying the stock themselves.