Replies to post #213 on ShengdaTech, Inc. (fka SDTHQ)

[Mike17]

Yes, that was the latest 8-k filed...

You provided no proof that this company was a scam/going to triple zeros...

On may 28, 2008, SDTH was worth $8.20, it then Increased to around $10 a share before the stock market crashed in late 2008 which happened to almost every single stock on the market. Maybe those people buying put options knew the stock market was going to collapse?

[MNYC]

"Until the huge put option expires, the stock will always goes down."

What exactly does this mean? Can you explain that Form 8K/A a little more?

Does it mean SDTH will go more south on Monday?

[hondaboost]

Actually, the 'put option' expired on June 1, 2011:

to require the Company to purchase on June 1, 2011 (the "Purchase Date")

I think some people might NOT have noticed it and panic sold on Friday when it was resumed trading in pinksheets since Mar 15.

Once they realize it, they might buy back.