MY...Big orders were filled again today. Been showing strong support in the low $3's. So much going on within Ming Yang, I'm really looking forward to 2016... "And the financial impacts of the synergies and benefits are expected to be more pronounced and realized in year 2016."
MY...Did not think we would see the $2's again but here we are. I added in the $2.80's this morning...Market cap is under $440M (including acquisition). Forward PE of only 7 based on FY2015 estimates. Not sure what caused the backwards shift into the $2, but maybe it had something to do w/ a Chinese stock ripple effect due to this insider trading news on QIHU...
-U.S. regulator freezes Chinese executive's assets over suspicious Qihoo trades -CEO of Chinese Gaming Firm 4399 Co. Sued by SEC Over Trades http://finance.yahoo.com/q?s=QIHU
Still think we are going to see huge growth in Ming Yang over the next year or two. Time will tell.
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