I havn't a clue. The comment of mine you quoted is based purely on my conspiracy theory: why would a china-man 1,000s of miles away share his profit with white guys in the USA (or the Netherlands for that matter)?
People are selling because they want out - pure insider trading.
It has been shown that wall street played a large role in these chinese companies demise, so you cant blame it on the CEO entirely, but i guarantee you, he is not shedding one tear, nor will he when this goes to ZERO.
and no, i am not trying to Bash to get-in lower (another favorite IHUB statement of mine). This was my LAST chinese buy, avgd in at about a $1. I have not sold yet, but i just dont see any more lemmings heading into this so i dont know how i am going to get out. another bag-holder FOR SURE. so i would rather lose the last of my gambling money (i will be the first to admit guilt by my part = greed) than see newbies come in believing the BS printed in these "investing rooms".