GLCC is going up again?

Question

GLCC is a good life china, and they are opening up new stores and making new deals like there is no tomorrow!!! and they reduced their stock by 50,000,000 which is kinda good.

but their stock has dropped over these past weeks, do you think it will go back up again, and how long, thanks!

Answer 1

<<<do you think it will go back up again, and how long>>>

GLCC is a pink sheet company and as such there is little information available about it, and what information is available is of dubious quality.

Their website

http://www.goodlifechina.com/about.php

does not give me any confidence in them. It lacks some of the basic information available for most public companies, such as a sections on investor relations and financial history.

In short there is no reasonable way to predict what the future is likely to be for GLCC, About the only think I can say with some certainty is that there is some type of fraud involved with their stock.