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Re: Cobra Kai post# 122

Thursday, 01/12/2012 12:28:05 PM

Thursday, January 12, 2012 12:28:05 PM

Post# of 364
Have you heard anything? Yesterday and today there were spikes in volume and price... but again the price increase was immediately followed by big pressure from market makers NITE, CANT and UBSS... as they threw 50,000 + shares on the ASK and drove down the price. It was up to 0.12 today, 0.15 yesterday, but it's now sitting at 0.09. No doubt something's majorly wrong here as this company is worth based on their business and future eanings potential I would say $5/share under normal circumstances. This is anything but normal and unfortunately I'm caught in this at a much higher price. I just hope and wish they put this litigation behind them and shareholders like myself are made whole by either a buyout or even a justifiable valuation given it's a Chinese company mainly traded here in America. What else might ya know, and what are your thoughts.