China Information Technology Inc fka CNIT

[hermon munster]

CFO quitting doesn't look good. Announce on Friday and last day is Monday. Smells fishy. If she really just wanted to persue other interests, why didn't she issue a statement saying, "I'm moving to be with my family" or something to that effect. Either way I think today's reaction was pretty severe. The market is probably fed up with Chinese accounting scandals. I picked up some at 1.94 for a bounce. Hopefully there will be a rebound after everything cools down on the long weekend.
good luck to everyone