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Re: LeGoose post# 1132

Saturday, 01/08/2011 7:11:55 PM

Saturday, January 08, 2011 7:11:55 PM

Post# of 3010
They've been trading at a P/E Ratio between 2 and 4 over the last 2 years and have consistently been selling for less than their net current asset value. It's a shame that management hasn't taken the steps to improve shareholder value...perhaps that's why they've recently shaken things up. They also need some serious PR, some promising acquisitions, some stronger management, and a plan to uplist to a better stock exchange before they make any serious moves. This stock has a lot of followers and the volumes are erratic but higher than other U.S. listed Chinese Companies... this can cause the stock to fluctuate quite a bit. I've seen the stock increase by 100% and fall 50+% a couple times. It just doesn't have the ability to stay up right now.
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