Replies to post #4963 on Longwei Petroleum (fka LPIH)

[farcry33]

Well it ran to 1.25 but their are a lot of flippers at this range so it's hard to push them out.

[saur9681]

Yeah I have to agree I'm a little disappointed the price isn't up huge, but this IS a huge turning point. We've seen some capitulation over the last year and so some people are looking for any reason to bail. I think we'll see LPH up again tomorrow. Also don't forget the huge catalyst still coming up in early October. They should close on the acquisition with 100% cash very soon. Also, now that the 10K is complete LPH may pursue a new top 6 auditor. Big things are on the horizon. No sense in selling now.