RE: Tanking?Probably because there has been lack of any big news (ie: new contracts, partnership big orders) for some time. Trading has been thin and share price has been sliding. My guess is that some short term investors want out and looking to move on to something else. In the volatile markets there are much better stocks to play with than a low volume stock like MPE.
I expect that unless we gain some momentum with news of a strong rise in sales we'll be treading water here for awhile. A lot of people who have given Raymond and MPE a lot of money to work with from the PP's are waiting to see if he can deliver on the promises of revenue growth.
IMHO, the future still looks very good for MPE. They are working in very important sectors and economically profitable areas of the Chinese economy. Production and sales channels are coming along nicely and should begin to reflect an uptrend in business.