China BAK Battery (CBAK -12.7%) heads lower. SA contributor Richard Pearson, a China resident,...

|About: China BAK Battery, Inc. (CBAK)|By:, SA News Editor

China BAK Battery (CBAK -12.7%) heads lower. SA contributor Richard Pearson, a China resident, claims the end is near for CBAK as its credit lines run dry and it runs out of assets to sell off.