Monday, November 28, 2011 4:09:19 PM
The whole china-US stock exchange market has been stomped on by various forces, leaving a very different outlook into these companies that do use this method of finance; not to mention the fraud in these chinese"companies"...
Tsingda has done everything but bring it's ownership and cash to the table, and this will happen when the market appears to be in their best interest to start selling shares.
The only thing that keeps me interested and my $$ here is the FACT that I have the dividend TSIN shares in my Scottrade acct.
We can only wait for the day when all of a sudden they are listed as having value of 4$ a share....
I can understand the difficulty in this environment for the delay, and I am still hopeful that these shares in my acct will be funded as the market rebounds through the Santa Claus effect and a good holiday season in the US and a good earnings season in January.
I also get the gut feeling that there are other reasons to delay until the new year--2012--- for tax and other reasons let alone the chinese government...or the chinese new year, etc
I would think that the middle of January would be a good time for the market to take on this growing company (TSIN) that my chinese coworkers are familiar with....
holding, drinkyerwine
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