Just who buys this stuff – Guerrilla Update (YUII)

Add another name to the portfolio of halted Chinese reverse mergers owned by Peter Siris. This morning, after a painfully funny conference call by Yuhe International management, yesterday’s “suspension” in research coverage by crack analyst Joe Giamichael of Global Hunter, and the previous day’s reiteration of his buy rating, the NASDAQ halted trading in YUII.

As of the most recent filings, the stuckholders include old friend Tim Halter, whose Halter Financial held 948k shares (4.68% of the company), Ardsley Advisory Partners with a whopping 2.5mm shares (12.35% of the company) and Peter SirisGuerrilla Capital, whom we met here, with over 488k shares (2.41% of Yuhe). Fine work gentlemen!

The content contained in this blog represents only the opinions of the author. The author may hold either long or short positions in securities of various companies discussed in the blog. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. This blog is not a solicitation of business: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the author.

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