You and I are in agreement. we are trading here because its VERY RISKY since know one really knows if the biotech or HK motors or whatever these companies are have legit financials. They are Chinese companys...unless you go visit them in person, anything posted on the web maybe worth less the page you print.
I bought a bunch and have been buying more here and there, but two tells I can point out. 1) Volume has dried up. No question that someone like the MM do not want this stock to get ahead of its self. 2) PPS shows no one really believes this is a $5 stock anytime soon.
No idea where this goes, but we do know that the SEC is looking at Chinese reverse mergers and so this being one means whatever they do before they "announce" I hope they make it past the regulators. Then we might see some decent price appreciation.
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