Hey Ash and everyone, i just let it be known at the Stocktwits.com SINO feed that a SeekingAlpha article is in the works and SINO's price just jumped two or three cents.
All we need is some new eyes and buyers to come to SINO to snap the swing-trader choppiness and MM "constraining" of this stock, and then chart will turn much more bullish, we'll get even more buyers, and then, hopefully, a decent sized short-squeeze. That 880k shares short position needs to come down a lot, and will add a LOT of buying pressure whenever it happens.
No reason why this stock shouldn't be trading at a P/E of at least 15-20 right now, which means a s/price of $5.25 - 7.
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