Friday, January 01, 2016 7:22:53 AM
4 CPA's & 2 MBA JADA LONGS agree with me.
YOU MISSED THE BOAT.
I trust you ran your 3 miles this morning already & are lifting yet.
Keep reading astrology charts, huh?
You understand Contraction & Trough phases, but are oblivious to having patience for Expansion & Peak (intrinsic) phases of business cycles, especially the different cycle timing in China with their rapid ramp up of Start-Ups, despite the worldwide credit crunch so severe to China's Start-Up's 'Accounts Receivables'.
READ MORE DAILY!!!
HERE'S WHAT JADA IS LOOKING FORWARD TO RIGHT NOW:
( A DUAL LISTING! ) [ Same as the Stuttgart JADA previous one! ]
The average P/E on the Shanghai Composite Index is 23. Even with a conservative estimate of $.50 in earnings for 2016 that would put JADA at least at $10.00 per share. China mainlanders LOVE U.S. Dual Listings.
CHINA'S MAINLANDERS WOULD PARABOLA JADA! ((( MARCH 2016 IS VERY SOON!!! )))
Do you read anything other than line chart patterns?
"China will launch a registration-based initial public offering system in MARCH 2016 next year, boosting the role of the country's stock market to provide necessary financing for companies amid a slowing economy.
The country's top legislature on Sunday authorized the State Council to roll out the new IPO mechanism before completing the amendment to the Securities Law.
The China Securities Regulatory Commission said in a statement that the legislative approval to launch the registration-based IPO system marked a "significant development" of the Chinese capital market and "an important measure" to allow market forces to determine the allocation of resources.
"It is not merely about delegating the IPO approval power to the stock exchanges but a major transformation of the regulator’s role," the CSRC said.
The registration-based IPO system will emphasize information disclosure rather than corporate prospects and profitability.
The regulator said that it will no longer endorse the value of prospective companies under the new system. But initially, it will still control the pace and pricing of IPOs to maintain market stability"
MUCH MORE TO READ, if you ever get away from the inverted backwards flying cross eye chart points.
Chumps!
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