This company has recently become a “commodities trader” after cycling through two other, very different businesses—micro lending and used-car rentals. It’s also blitzed through four company names and five auditors in six years.
The core business doesn’t make any money, but there’s a lot of interest income. Meanwhile, the company’s share price has soared, by over 350% in three weeks. If the stock implodes, don’t say we didn’t warn you.