Ziyang Ceramics Corporation (fka ZYCI)

[Tex]

new accounts and volume

Rationally, one would expect volume to pick up as interest would pick up as the business prospects improved. My concern is that rational behavior isn't something one can count on in the short-run, a lesson Buffett was pretty good at underscoring for us by regularly producing outsized returns by buying good businesses at competitive prices (and not necessarily selling them). Sure, he eventually made money on what he bought, but mispricing is opportunity. Mispricing is also short-term liquidity risk, though.

I think the new accounts and the growing business will result in favorable quarterly numbers and will improve the price and volume -- eventually. Looking at the recent activity in ACAS and AGNC, though, it's clear that even companies with good regular reporting and articulate earnings Q&A sessions are horribly misunderstood and mispriced.
http://jadedconsumer.blogspot.com/search/label/Ticker%3AACAS

Looking at pinks, I conclude one might have to be extremely patient to get pricing that matches actual business performance.

Take care,
--Tex.