the lesson i've learned re: the market where the PROS (via *hired* MMs') control *most* aspects >> is to almost always bid sit because imo PROS will always try to *reset* 52 week lows and entertain smoke & mirrors as needed
i will always dollar cost avg my buys .. which means i never go all in .. rather i wait for my caveats to be met .. which is why i classify myself as an investor vs a trader (even on the OTC)
but per those caveats of mine .. it's why i was less than impressed by the *promotion* done on Longhai to say nothing of the lack of follow thru re: those conferences mentioned by steve during the CC in late August
because anyone can go back and look at what mgmt noted b4 steve came on board and MZ was hired >> and there were literally no PR's beyond company filings
which means the co. stayed under the radar
do i think china is going to fall off a cliff .. nope
is there change of leadership in china currently .. yep
do i think there will be a delay specific to uplisting .. quite possibly
i remember when i first contacted corp counsel (last fall) and talked about a realistic time frame for the co.'s uplisting
2012 (at the time) was reasonable
imo 2013 is realistic now re: uplist (mid to eoy) >> that time frame isn't an issue for me .. provided mgmt continues to file and continues to execute (and no with *global* aspects as they are) i don't judge *performance* on one Q
once i understood how the cesspool known as the OTC *operated* i look/ed for legit co.s i believe can execute in a realistic time frame that ensures their survival (read uplist) with a SS that imo is *healthy* in relation to their <potential> sector peers
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