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levelnever

06/20/11 12:16 PM

#30 RE: Superfly15 #25

No investors watching it IMO and also retailers who shout "another Chinese scam stock" without providing proper DD to back up claim certainly doesn't help interest. In a thinly traded stock, with the spread that it has, up 80% and down 80% in a day is not unusual, so citing that as evidence it is a scam is pretty poor IMO. You should know better than that by now Sfly.

At .02 I don't see any justifiable reason for it to fall any further especially with an OS less than 30 mil, unless other news comes to light. On a macro view, it is my thought that if the European debt crisis builds further and the US markets and European markets take more of a dive as a result, that much like the drop a couple years ago some investors eyes may look to China once again and realize that the broad claims that Chinese stocks are scams are incorrect. While some are, there may be diamonds in the rough as well. Just an FYI, I have yet to take a position, I continue to look at quarterlies and watch for any behind the scenes news. We will see, but certainly at this low PPS it is not a bad gamble.