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10 bagger

04/30/10 9:57 AM

#83 RE: osubuck30 #82

SOKF..$4.31

I bought a couple at $4.31 and and lowered the remainig order.. I have placed bids just above $4.00 and am willing to add to my position at that level.. Selling in SOKF has always been by the uninformed and as my first purchase was below $2.00,, my Ave is still tollerable.. SOKF has never pissed it's funds away and the discount for cash without wt's is a good deal for shareholders..

The funds that acquired SOKF stock are prob. long and will sell some to bring thier ave cost down.. The inability to sell the newly acquired shares give SOKF ample time to deploy funds that will make this dilution accretive.. I disagree with the assumption that this is another China stock that does not have it's shareholders best interests placed first.. This is a buying opp. for a long term investment..

hank

"This is the only thing I hate about these China companies. I mean a almost 30% discount??? They show time and time again they don't care about the common shareholder. The institutions are very happy as they have little to no risk being in at $3.20 a share. "