EZGO Technologies Ltd (EZGO)

[Sunset Kid]

I try to be open minded about price. What if it is actually on the low end of the book value. Looking over the financials for EZGO (funished by yahoo) and reading the latest 6-month financials posted aug 7th. (Look at the historical volume and it goes from 50k to millions on that day, and has not slowed down.) Book value provided by yahoo under financials tab, and balance sheet tab... between .08 and .24 for the last three years. Their yearly revenue is around 15M on ebikes. Cost to produce is the same. We currently are at $7M cap. Now aside from that... it isn't that far off the mark pricing with all the private offerings diluting the outstanding from 10M to 76M. Now if I had some of the millions of shares sold $1.50 - $2.77 over the summer, and it dropped 90% overnight, I might short it. Regardless, we may see .06 before this reverses. Just my .02 cents worth... (hopefully that doesn't come back to haunt me.) Sorry to see so much loss, even from friends I've tipped off about this one. Myself, I am a 60+ Kansas farmhand that doesn't have a clue, but am trying to learn the market. I've kept my risk small, under $1k. This may still turn out to be the bottom play of the year.