Jul. 9 at 4:05 PM
$CREG I've traded a lot of China/Non-China microcaps and valuation discrepancies are just astonishing. Do your own research on BV, P/B, cash, debt, sales, income, share count, history...and compare.
Using the most objective intrinsic P/B metrics - if CREG is valued like CLWT, price should be
$40 a share; if CREG gets BAOS valuation, it'd be trading at
$67 a share NOW.
So you'd say wtf and why?! These are all China microcaps but CREG's got undervalued by 2,000-3,500%?
Longs in this stock are too weak or the manipulation here is just criminally sick? If you doubt their 160M cash is real then go sue the auditors and MAKE THEM PAY for signing the audits - simple as that. These auditors can't run/hide and they have insurances to cover those lawsuits.
Or we should sue the American/Canadian hedge funds for manipulating this stock like this? Or sue management and force cash distribution/restoring value? If they refuse, kill this stock for good - they can't even trade on OTC in that case.