Replies to post #471 on Sino-Forest Corporation (SNOFF)

[sterlingkuning]

Absolutely. Especially when his entry started in 2007, therefore his overall losses weren't as massive as first indicated.

[AAAIRMAX]

And there is nothing to say he is not quietly buying shares back at a new cost base, using the loss just incurred to write off against gains in other securities.

Orient was not caught in the perfect storm against all Chinese companies either, but likely did not bounce back because that storm was just beginning, and it held those shares back from rebounding.

Agree that the sell off of Sino was so severe with inconclusive accusations, that this thing is poised to bounce.

I think the comments from Paulson were quite positive for next week.

Happy trading.....was hoping for a green finish, but makes sense that people will wait until Monday...let's hope for a gap up....