I get it Boston, they had me thinking “holy shit they are actually pulling it off now”. Then when there was no upfront payment it raised an eyebrow and then no announcement from weigao had me questioning. The final blow for me on that deal was the thalmann conference. Of which I don’t believe this deal will or can materialize in the foreseeable future. And especially the way Sonny presented it, really trying to emphasize the “we just won’t give that information away”. Well I hate to say it but that’s the way they play ball in China. Look at YETI most recently, as soon as they shifted production to China then the floodgates opened on knock offs and crushed their revenue. They went from almost going to public to completely off the table overnight. I understand why he made the decision because they were just going to shaft amda as soon as they got their hands on that info. Either way they would have been screwed and I warned you about this scenario over a year ago. Warned you about Brazil too, warned you about CSC and the risks these place on staying long amda. Tell me if I’m such a bad guy or a “shyster/basher” why would I have warned you about this over PM on StockTwits? That was me making aware to you red flags I was seeing pop up but you didn’t want to believe it. Couldn’t care less what I’m labeled by CL because I know what he’s about.
Anyways have a good one and apologies to everyone else for the back and forth lol.
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