Posted by richman > 2012-10-18 10:55 | Report Abuse

loan default is 699 million but share value only 150 million.net asset per share is 8 cts.how are they going to settle their debts and which crazy white knight would want to help this co.

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5 comment(s). Last comment by chin yin 2012-10-18 14:09

richman

10,110 posts

Posted by richman > 2012-10-18 10:58 | Report Abuse

most buyers are those averaging their shares a lot of ppl are holding this at very high prices

chin yin

15 posts

Posted by chin yin > 2012-10-18 13:52 | Report Abuse

Ya, just like me. My average price is .07. So huge lost. How to sell?
Already hold for quite sometime. Any advice? Really dun feel like looking at it at all.

rich kueh

1,419 posts

Posted by rich kueh > 2012-10-18 13:55 | Report Abuse

have dump it ages ago when the share was 0.20. the white knight never appear for the rescue

rich kueh

1,419 posts

Posted by rich kueh > 2012-10-18 13:59 | Report Abuse

talking about white knight long long time ago

chin yin

15 posts

Posted by chin yin > 2012-10-18 14:09 | Report Abuse

Did q at .055 and .50 before but never my turn to dispose and overnight it went down to .01. What type of company is this? Hur.....

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