When did they cut the guidance? Before you bought it or after?
-xjurum(要塞玫瑰);
2008-4-7(#30950@43)
I bought it this morning, and it closed up 1.38% with normal volume. The news was out @4:30pm, then it plunged nearly 40% by 7:59pm.
-byc(百叶窗);
2008-4-7(#30951@43)
Here are my two cents. Find opportunity to get out of this stock immediately. No wait. They have cut Q4 and 2008 guidance so the fundamentals have significantly changedfrom the time when you bought it. They won't be able to report 2007 until June, which will cause a lot of concern in the market. Seems like the company is very mismanaged. There are a lot of risks holding this stock now. But around June when they report and hopefully the COO issue will have settled down, if you think you still like the stock, you can make a speculative bet then to make your loss back.
-xjurum(要塞玫瑰);
2008-4-7{405}(#30954@43)
ur 2 cents worth a lot of money, lol
-gszy(灌水);
2008-4-8(#30992@43)
Thanks for your input.
-byc(百叶窗);
2008-4-7(#30959@43)
You just got a bad luck. The company did give a good guidance in Februrary, but things were just changed quickly with them. This is kind of risks of 中概股.
-xjurum(要塞玫瑰);
2008-4-7(#30981@43)
better not. it's a mess.
-gszy(灌水);
2008-4-8(#30988@43)
by the way they have the Chinese version website.http://agriacorp.com/cn/index.php. i will definitely short it rebounce if there is any
-gszy(灌水);
2008-4-8(#30991@43)
What a joke!!!Some analyst posted a note making GRO his top pick of Chinese agriculture sector early this morning. He must've worked so hard to get this crap done as to leaving himself no time to check out market news. I think the stock has little chance to stay above $5 from now.
-xjurum(要塞玫瑰);
2008-4-8{268}(#31021@43)