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Author: wouter28 Three stars, 500 posts Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 236  
Subject: Re: Popes Yida purchase Date: 3/14/2012 11:36 PM
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I saw they sold $5 million of CNYD in October 2010 (well timed at $10). I take it as a good sign that they are now buying more, although the amount is small compared to their total holdings. Given their large holdings of shares, they should have very good insight into the stock, so the fact that they are buying is pretty postivie from my vantage point. It also gives me a little more comfort that they do not have an material financial fraud going on, which if true makes the stock very undervalued.
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