China Growth Stocks

[ratobranco]

HQS - Have to pat myself on the back for this post, though from a trading perspective I was admittedly wrong to be recommending SIAF at the time.

HQS has 5.98 in net cash per share. Yet they just sold shares at 3.61. IOW, they sold each of the dollar bills on their balance sheet to unaffiliated investors for a price of 60 cents!!! Is this a prank??? WTF!!!

To make matters worse, they missed estimates by almost 50%. Unbelievable.

I'll say it again, HQS is a complete and utter POS. Don't be fooled by the numbers or the perceived valuation. Stock in a company like HQS has no value. Or whatever value it has, it might as well not have value, because if you wait long enough, the value will eventually be pissed away in the next round of dilution. My target price is 0.00.