Is there any reason for it to trade at a P/E over 2? Maybe not.
But there's a large short balance and what's the point of staying short? Once they clear another KPMG audit, what's the catalyst to push the stock lower? Passenger vehicle market in China is OK - analysts saying new car sales +10% in 2015.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.