YONG--I added to my YONG position. Buyout price of 6.60 still 20% premium over 5.50 current price. They have Morgan Stanley, a huge hedge fund and major Chinese bank committed to transaction. Morgan Stanley has been long time investor so they have had opportunity to detect any material fraud. I think deal will close in the next few months absent a global meltdown. A 20% return in a few months is a high annualized return--especially in a toppy market.
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