Looks like we are all nervous nellies after the steep rise in share price. We all want to know all the details (which even the company itself may not have until they sit down with Chinese counterparts and plan for it - by the way this seems to the reason that they issued their quarterly so early on so they can devote much more time in China to finalise the details about Factory expansion, strengthening management structure, tieing up raw material suppliers, working out logistics, meeting with Chinese authorities etc. etc. - a million things to do after winning the contracts).
It looks like it will be a hell of a ride for the next few years and we will need nerves of steel to not get swayed by the occasional dips in share price. There will be all sorts of rumours, truths, shakeups and every trick under the sun applied to get people to either sell or to buy. This is what the market is.
Who said it is easy to make money? You need belief, conviction and above all nerves of steel to decide whether to buy or hold or sell.
DYOR.
PET Price at posting:
$1.33 Sentiment: Buy Disclosure: Held
(20min delay)