China Recycling Energy Corp (CREG)

[growacet]

Thanks....I've follwed CREG for a while

Yes, I do think buyers bought in because they thought it was China Energy Investment, at the start I think that was the overwhelming reason, like 99.9%.

By Friday I think a lot realized "hey, this isn't the company I thought it was, but hell the PPS going to $6, $7, $8....$9+" and some decided...."Well who the frick cares, this thing is going nuts and there's only 8.3 million shares out there in total, and its profitable". Some thought they'd lucked into buying lightening in a bottle.

You're right, they're not "that profitable" but I could give you examples of companies that are diluting pigs, with accumulated deficits around $100 million...that have market capitalizations of $100 million and more.

The only difference? The only one that matters imo is that MMs aren't short shares with those companies, check out VUZI as one example.