OTCPK:TOUBF - Post by User
Comment by
Preteriston Jun 12, 2011 10:12pm
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Post# 18705284
RE: RE: Dave C. and current holdings
RE: RE: Dave C. and current holdingsYeah, I always do well in hindsight too...lol
The reason I suggested buying in on Friday, June 3rd and selling on Monday was because it seemed you yourself was looking for a quick bounce in the $14.00 range. After plummeting so much and so quickly, I figured the bounce was more appropriate at $5.00 than when you tried. Maybe you were tempted but resisted in the same way that the herd mentality took the news.
What I don't understand is the FACT that Carson Block does not even understand the basic business model of Sino-Forest (proven in regards to standing timber sales, S.A.I.C. sourcing) yet he is "convinced that it is a fraud???
This was nothing more than a master-minded attack on a Chinese holiday, during a company blackout before earnings. Sino has proven their holding and their cash balance. The only thing that remains is a better understanding of the AI relationship. To be sure, Carson had no clue and neither did those who are backing the project - likely daddy at W.A.B. Capital...