Like I said in the past, if you have done your homework on this stock and want to make meaningful profits due to it's cyclical nature of business, you need to ignore the daily market noise. The market is ruled by day traders, contra players, margin calls, profit taking, etc. If you react to these daily events, you won't be able to ride Huaan all the way to the top. Remember that all uptrending stocks also need to take a breather to catch their breath. So, have faith in Huaan to receive your big red AngPow in 2018, cheers and have a good day.
Article abstracted from the paragraph, for your information:
A loosening in cokery production restrictions and a plunge in China’s steel market are believed to have triggered the coke price falls.
While production cuts imposed on coke plants in northern China generally intensified for most of December, local media reported late in the month that the biggest coke producing province of Shanxi had suggested that a number of local cokeries run at full capacity.
This was meant to increase output of coke oven gas, a by-product in coke production, to alleviate tightness in the country’s supply of natural gas, which was earlier nominated to replace thermal coal as the fuel for winter heating in the northern part of the country.
guys, it is game over. the pattern is like hengyuan now .... all the way up from 0.3 to 0.64 then correction to 0.52 ... now u expect push back to 0.64 for you all to sell ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Investee
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Posted by Investee > 2018-01-17 08:28 | Report Abuse
Lol, that's a good thing B4b4. That's Huaana's raw material