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Wednesday, November 08, 2017 12:38:00 AM
I am long JBZY and have been since early summer.
The question has always lingered in my mind. Is this too good to be true, because it is?
Is it possible that the brilliance of the scam is that there hasn't been a pump? That instead it is just a trail of bread crumbs. A trail that is easy enough to find, but not obvious. Small irregularities that could be chalked up to language, culture, distance etc. Maybe it is the doubter in me! or the fact that i cant believe i could be this lucky!!
Within the last year, China has had several massive scams/scandals involving EV companies. Companies that took massive government subsidies for the purpose of EV production and technology, but then never manufactured a single car. My friend in China has mentioned this has been a serious issue over the last year.
Still haven't sold a share. However, I'm curious if anyone else has these thoughts. Leave no stone unturned.
Cheers. Go JBZY
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