AXM Pharma, Inc (AXMP)

[lasvegascowboy]

I've owned several other Chinese stocks and the one thing that I noticed was that they never tell you what is happening till after the fact. I owned gigm for years at a cost of .80 and finally sold it at two dollars because it was a company that owned fifty record stores in China and didn't seem to be going anywhere, it was also 80% owned by the CEO. Three days after I sold it they announced that the record stores had been sold and they had bought one of the largest gaming web sites in China with the money and the S/P jumped to $22. This had to be in the works for months and and there was no hint of anything from either the company or the share price. The Chinese don't like to say what they expect to happen because if it doesn't happen they lose face and in China that is a very bad thing so they deal very close to their vest and say nothing intill after it is done. None of us knows what is happening with axmp, but once Madame Wang took her company back I expected that we would hear nothing untill she can announce a complete turn around. In China no news does not mean bad news, as long the company still exists there is hope. Good luck to all us longs.