Many small cap china stocks have been hit with bad press for weeks, this is more of the same. Rumor is that another piece of fabricated bad press is coming, so folks are leaving. There is HUGE action in the options of this stock today, another clue that the 'bad guys' are lining up for another hit.
The entire sector is in turmoil right now and it is important to be watchful, both for opportunities and to control losses.
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