RE:Grafoid Expands into China with Xiamen Tungsten The deal of Grafoid to expand into China with Xiamen Tungsten joint venture and indirectly maybe impacting FMS value, is it going to be just another pie in the sky for shareholders like usual? The deadline for the multimillion-dollar deal is tomorrow. Lets see what the pumptards will say if it fails or what ever excuse that insiders will dish out as news release should it not pan out.
From the looks of SP behavior these past few weeks, its not looking good because SP has gone south. Furthermore, if the institutional investors would have seen potential value the SP would have gone substantially up but instead the short position has increased in the same period.
All im my opinion.