Replies to post #8884 on China Unlimited

[RealDutch]

I know nobody cares. But CCCL below $3, it could be even cheaper than HERB right now. This is a Nasdaq listed stock. With presentations and good PR. Even... a fundamentally sound company.

So how ridiculous can it get? Usually stocks don't drop below a P/E of 0.5. Unless something is very wrong. And to give back all of its gains from the last rally is crazy too. That's why I keep saying, it should never have dropped below $3. Perhaps the chance was only 10% and it happened. Or perhaps the market is even crazier than we think. In the end, it won't matter. Well, hopefully the company doesn't screw up and turns victory into defeat in unpredictable ways. LOL.