Oct. 3 at 8:38 PM
$CREG Have invested in CREG for a long time. If you only value it based on cadh or book value, it's a good value stock.
But the stock has been manipulated frequently. One example, on June 16th 2025, the stock was traded heavily. On the same day he reached 52 weeks high at 14.7 but close at
$3.60.
In other words,, it was manipulated to hit 52-week high and 52 week low on the same day.
The company has a lot of cash. But it is a mystery why the company diluted the shareholders by issuing more stocks when the company has plenty of cash and doing nothing operationally.
The CEO, Mr. Guohya Ku invested 940,000 shares at
$115.2/share (adjusted after recent 10:0 stock split.) on Feb. 23, 2021 along with two other investors who invested 1 million shares each at the same price.
Later in 2024 and 2025 the company
issued many more shares to significantly diluted itself for no reasons since the company already had over 140M cash on the book since 2021.
Who can help to explain?