Replies to post #5927 on Longwei Petroleum (fka LPIH)

[rru2s]

Are you kidding Zester? There is no acquisition YET.

The market is just playing a game of "show me the money".

Until the real deal is signed, sealed, and delivered, the market is not treating the acquisition as a done deal or even as a high probability event. When the deal happens and shareholders are not diluted by a cash closing, forward P/E for FYE June 30 2013 goes from 0.61 to 0.80, and FWD P/E for calendar year 2013 goes even higher. In addition, the "made in China" uncertainty overhanging stock sentiment goes away because the question of "where did all the profits go?" is answered with clarity and shown to be put back into growing the company.