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BigOnChina

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BigOnChina

Re: None

Tuesday, 04/10/2012 12:42:33 PM

Tuesday, April 10, 2012 12:42:33 PM

Post# of 94785
LTUS - Just a hypothetical:

You put out a press release that says you're going broke. The stock price tanks. Someone comes in and picks up shares at rock bottom prices, maybe the CEO who decides he wants to "help" the company. Suddenly a company that was making over $1.2 million a quarter in profit is taken private and then relisted on the chinese or Hong Kong exchange.

Anyone want to tell me this scenario isn't "possible?"

China, the wild wild far east.



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