Savvy Trades and Investments

[2morrowsGains]

MY...NO doubt the Chinese stock market decline is affecting MY along w/ other ADRs...
"Chinese American depositary receipts tumbled 5.1 percent as of 12:42 p.m. in New York, extending their slump to 18 percent from this year’s high."
http://finance.yahoo.com/news/china-slump-spreads-alibaba-sinks-144339569.html

http://www.macrobusiness.com.au/2015/07/shanghai-opens-crashes-7/

Can't believe MY is in the $2.20's again.!!.!. This is where I started. But, that's the market!!! Anyway, the share price has closed at or above $2 for the past 18 months now and although I already have a decent position, I am thinking about adding more. Just waiting to see if and where the bottom is, but it's hard to pinpoint. (I thought adding in the $2.80's was smart??) Also, I had a limit order in today @ $2.15 but it didn't fill.
With a market cap of approx $355M (inc recent acquisition), Ming Yang could be a buy of a lifetime down here, but you never know. Time will tell.
Heck, the shares issued for part of the acquisition were @ $3.49...$1.20 IN THE HOLE (based on today's close @ $2.29).
BTW, CEO holds 51.7M shares of MY, 33.5% of the company, so he's got a lot at stake.