Replies to post #3571 on New Energy Systems Group (fka NEWN)

[10atious]

I may be naive, but one of my other beaten down Chinese-Reverse-Merger stocks just rose nearly 50% over the last two days due to their latest financial report. It was hit hard by Muddy Waters' Carson Block last year and it is making a fantastic comeback.
The SEC is being very harsh on these stocks and the winners will thrive. NEWN is a winner and this quarter's numbers should prove it. With the CEO buying back 800,000 dollars worth of stocks over the next two months (according to their SEC filing) and with a new CFO down the road, I think this stock will double in a month! We will have to wait and see of course...It's all a game for the shorts and they are moving on to other fields of dreams I believe...

[NightShift]

It's not about miracle, it's about simple mathematics. That's the beauty of value investments - seeing undervalued companies, when everyone else is panicking. I think it was Warren Buffett who said "the stock market is the place where the patient make money on other people's panic". You can't ignore the numbers forever. You either prove it's a fraud, or cry a river for selling at these ridiculous prices.

[10atious]

Paige, you were right I was wrong. Should've gotten out when you told me too. I really trusted this company and CEO. Can't see this going up for at least a year, or more...