China Growth Stocks

[Gene_finder]

AMBO: $10 million can repurchase about 5 million shares at current price. AMBO may not have bought any shares or at least not bought aggressively, because the stock price has not shown any support from big buyers. The days of popping up stock price by just announcing a stock repurchase program has long gone. Investors are not that innocent anymore. Next quarterly report will be very critical, if AMBO would not have bought any shares for the entire quarter, I do not think that the investors will be as forgiving as to CCME. The stock price will quickly tank to <$1 level, so another 50% drop from here. "50% drop = 100% profit" is the most ridicules thing I have ever heard from anybody.