Ziyang Ceramics Corporation (fka ZYCI)

[Tex]

re mid-Oct

That gives us maybe two quarters in which to prove the thesis the company makes money as a Chinese holding company. I sure don't want to be stuck in much longer without an exit opportunity.

The real killer is this: if volume doesn't improve, how will we exit at any price? Commissions would swamp sale price in multiple day-after-day partial fills!

Take care,
--Tex.