i've been watching quite a few of the china deals that do the split to get on nasdaq, and it seems that at first the splits (the actual split along with the announcements) were not greeted well, and there was a buying opp for a week or so, but as time went on, the buying opp was shorter lived, and with gfre, the announcement itself propelled the stock, so I think that the street has recognized the trend.
I expect to see this trade at 10x forward earnings somtime in the near future.
I do not think you should be so sure that the stock will be lower than it is now post split.
Btw, I was a stockbroker for 23 years, with all the supervisory licenses, and will probably get back into it sometime early next year.
