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madaznfootballer

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madaznfootballer

Re: LicharTin post# 3274

Friday, 08/19/2011 11:43:13 AM

Friday, August 19, 2011 11:43:13 AM

Post# of 5030
Per www.citronresearch.com


CitronResearch.com Press Release

Dear Reader,

This week Longtop Financial has reopened under the symbol LGFTY. It is a long way from $26 when we first reported on it. Citron believes that this is a legitimate take over opportunity at these prices as they do provide essential software solutions to China's largest banks. Our checks show the company is still operational and none of the competition in the recent Q discussed taking customers from Longtop. Look for a private equity shop to take a piece of this



If the company was only "half a fraud" we could see the assets sold between $4-5 in the near term. Seems to be a good risk reward at these prices.



Cautious Investing To All

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