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Ecomike

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Ecomike

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Re: None

Thursday, 05/12/2011 11:50:33 AM

Thursday, May 12, 2011 11:50:33 AM

Post# of 2254
Has any one noticed that the profits doubled thanks to the shorts?

There was a huge derivative gain due to the change in value of existing warrants due to the 50% price per share drop! It is one of those new US accounting oddities that can skew the hell out of earnings data on the USA side, versus the earnings calculations on the China side for taxable income reports in China. Something the shorts fail to mention when they try to call the China stock reports lies, just because the earnings data do not match between China tax reports and US SEC reports!

New article out calling ABAT a buy due to short sellers covering the shorts!

http://seekingalpha.com/article/269482-small-cap-momentum-ideas-10-stocks-under-5-boosted-by-short-covering

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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