Interesting that people continue to cut this company unreasonable slack while getting less than nothing for far too long. I sold my position late last year when it seemed nothing was in the wings to suggest radical improvement coming from any direction. At the time I was reluctant---not only because I took a loss but because I've enjoyed the ongoing discussion on this mb.
While I continue to follow the stock and this board, I find myself unable to understand why such sharp and experienced investors would continue to play the back seat driver's role? I wouldn't dream of investing in an empty glass if I desperately needed water. In this instance, there's good reason to assume that the glass has a severe crack and is unable to hold liquid (-ity). LOL
How much loss (percentage-wise)is too much when it comes to tolerating further erosion of the original seed capital? I wish I could tell you my own loss-percentage but I don't recall. However, it was more than 25%, else I'd not have sold off in the face of this mb's optimism that had me convinced I was missing underlying issues sure to catapult this company towards profitability. Eventually, I sold off most of my Chinese positions, realizing the public sentiment was increasingly negative towards the entire group.
WT
