Monday, November 16, 2015 8:08:05 PM
And then the stock will move up very fast.
Can't trade at 3% of book this way for long. And no, I don't care about the NT-10Q here. It was to be expected.
Also, Q2/Q3 earnings may have been affected somewhat by the heavy rain in China. We see this with SIAF and SPU for instance. Although selling prices usually go up when there is a shortage of supply. Not that it matters much anyway at these depressed levels. Just so you know.
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