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2morrowsGains

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2morrowsGains

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Re: seeksup post# 10100

Friday, 06/26/2015 9:57:12 AM

Friday, June 26, 2015 9:57:12 AM

Post# of 113718
MY...Did not think we would see the $2's again but here we are. I added in the $2.80's this morning...Market cap is under $440M (including acquisition). Forward PE of only 7 based on FY2015 estimates.
Not sure what caused the backwards shift into the $2, but maybe it had something to do w/ a Chinese stock ripple effect due to this insider trading news on QIHU...

-U.S. regulator freezes Chinese executive's assets over suspicious Qihoo trades
-CEO of Chinese Gaming Firm 4399 Co. Sued by SEC Over Trades
http://finance.yahoo.com/q?s=QIHU

Still think we are going to see huge growth in Ming Yang over the next year or two. Time will tell.


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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