Tuesday, August 24, 2010 10:27:13 AM
China has 1.3 billion people. The US has 300M. There are more than 4 times as many people in China that purchase food products than in the US. The market potential of GDHI selling food stuffs in China should easily be able to support a much larger O/S than an American company selling the same products domestically.
What you are seeing on level II is pure manipulation.
Accumulation has been going steadily up for weeks, yet the price stagnates. If this were due to dilution you would see the accumulation bar diving indicating distibution. We are not seeing that. What we see are small trades taking down the PPS quickly after we have seen 100M shares traded for a slight gain in PPS. Those takng this down are PROS.
What needs to happen IMO is that yesterdays PR needs to followed up by one or two more PR's that let investors know about new stores, new products, or anything that will increase sales or the announcent of sales figures. These PRs need to be back to back over two to three days.
No one can accuse this company of being a pump machine so there should be no danger in doing this as long as the PRs are not fluff. This is where they have failed to keep the momentum alive in the past.
There is an art to announcing company news in a way that illicits a rise in PPS. Maybe it's time they turn the keys over to a proper PR company. Otherwise they are wasting our time and their money.
GO GDHI. China is hungry!!
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