The Company provides entertainment-oriented telecom value-added services to mobile phone users over the 2G and 2.5G mobile telecommunications networks in China.
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I believe that the price has been manipulated lower by a Linktone controlled cartel so that Linktone can complete its $ 35,000,000 stock repurchase progam at riduculously low prices. This stock is so undervalued it defies all common sence and reason. The cartel has been manipulating the price since Linktone began its repurchase program. I have loads of research and support for my position and have exactly predicted where the cartel will drive the price each day for the past 2 months. Linktone will make a profit of over $ 40,000,000 as a result of its repurchase program - more than it has made from ongoing operations. They sold the stock for over $11 per share and have been buying it back for under and around $ 5 per share. 7,000,000 shares and the price has rapidly been falling. The company is clever and has pulled off the best scam I have ever seen. They have found a way to make over $ 40,000,000 by
This seems like good info, can you back it up with any links or point me in the right direction to confirm.
Thanks, Crazy
Same as crazykling, I'd like to know where you get this information too. Any links or articles would help. Thanks.
Ditto to the other two replies. Can you reasonably back this up with any information? I mean, I get the logic of what you're trying to say but where do you get that Linktone is actually doing the manipulating. I too think this stock is completely undervalued but there are certain things that have dragged it down from it's $11 per share level (earning, regulatory problems). It's just over sold at this point. So how is Linktone doing this again?