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Re: ErnieBilco post# 824

Friday, 02/27/2015 4:22:52 AM

Friday, February 27, 2015 4:22:52 AM

Post# of 840
You need to consider and weigh in more than what you're currently doing to be trading at all on the OTC, IMO. You cannot just look at the bottom line for two periods and draw a straight line, like it seems is what you're doing. It doesn't give you a true image of "reality". There is a lot of value in this company and their credibility was damaged during the trading halt. I think the PPS will recover, and as far as I can see it's stabilizing on HKG around HKD0.32 now. The volume was ridiculous during the first week when trading was resumed and the price was forced down quickly, probably by institutions getting out, as has been discussed here earlier. I believe it can take a while until the PPS recovers though. Still, if you got in before trading resumed you should still have a nice gain in your account, even at these levels. smile