Replies to post #13253 on First China Pharmaceutical Group Inc (fka FCPG)

[VeryHolyGuy]

Fcpgalltheway, I have not posted on ihub for ages but I am still alive and well and am recovering from bfar. My biggest lesson learned was that no matter how hard you try to pull for these types of stocks, the major majority of investors here in USA do not like Chinese stocks. In fact they hate these type of stocks and wish for the worst of them.

I'm sorry it had to come to this, but I thought you would of learned from my mistake in buying bfar another Chinese penny stock scam. They are all scams. Fcpg is a stock scam. It's too bad you had to learn the hard way. My opinion in this matter and best advice to you is to buy American stocks that are legit, consecutively profitable and that people love to trade.

[VeryHolyGuy]

It appears that Wang had unloaded all of his 15 million shares.

Take a look at the free float, it's at 59.66. This should also show up on your broker account. If he still owned his 15 million shares it would NOT be part of the free float of 59.66 in which 59.66 shares are outstanding.

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=FCPG:PNK

It also appears that the stock was under heavy selling pressure which brought the stock down to where it last traded. Guess how was doing the selling or "shorting" as you may of said?

I don't know of any broker firm that will allow one to short a stock under $5.00 a share.

Fcpgalltheway, you should of been aware of all of this information. If you had been aware of that vital information, would you of continued to try to beckon people to buy FCPG shares?