I'm thinking that Maj may have felt he had to release that report on CGPI before the company had an opportunity to get back to him. Charts don't lie and this stock was already dropping fast before his report came out. Some people certainly knew about it and traded on it earlier.
Lemmings in LTUS' closet? Drexion, you've been negative on this one for a long time so that is nothing new unless maybe you are also saying that you participated in Maj's conf call with the company last week? I continue to do lots of research on this one and believe the stock is an excellent buy at current levels but I don't have an open door to management either.
I will be very interested in seeing how Maj decides to set up his premium stock service. What price will he decide to charge? Maybe he will have more than one tier? How much advance notice will be given and to whom? If he continues to study the smaller and more illiquid bb stocks, I'm not sure what the value to many will be. Many of those who trade those stocks are also board readers here. I truly believe this is the best and most knowledgeable board on China small caps out there and Maj is certainly among the best of the bunch. With that, I can see dozens here trying to trade on the same info. It'll be a big race to see who can hit the trades first. Those that don't subscribe will no longer be willing to jump in on a mysterious price drop figuring it will be better to wait and see if this is coming from a new Geo report. Everyone will sit back, and just wait. The end result, there'll suddenly be a big air pocket under those illiquid stocks. and few will be able to get trades in at decent prices (The shorts generally stick to the more liquid stocks for good reason). I can certainly see why drexion, or anyone for that matter, would hope to be in on future private conf calls. They are the ones who will certainly have a nice head start on everyone else.
Cliff
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