Looks like the Chinese are at it again. They tend to pump a group of stocks at the same time. Wait a few months then pump some of the same ones and then a few new ones.
Check out CALI, RCON, SGOC, HEAT
Stock has been on a downward trend. market is falling; but the stock pops fast and high on an earnings report that looks highly suspicious. Interesting how this company's stock popped so high after the SEC sent them a delisting warning. I never trusted any earnings report coming out of China due to their lack of oversight. A 24 hr pop from $1.57 to $4.42 on that...