I guess it's really bad luck for those who bought HUAAN, bcoz this stock is no more value to play,,, price keep dropping low and lower,,,hahaha goreng maaa
My personal opinion is that its an overstretched play...during my last purchase on Aug 23rd, it was trading under its net current assets of 7.1c with no borrowings and so technically it was a Ben Graham counter.
Now it's almost double its net tangible assets so the price has almost factored in all the good news.
eventhough i believe with huaan capability, with their QR that considered as encouraging, but i wonder, what is in the mind of operator in pressing down the price...
I thought you cant buy anything more than the cheapest offering price which is 54 cent now.. Even if you mistakenly key in 59cent they will still sell you at 54 cent
in the last 1.5 months, whenever HUAAN went beyond 0.60, the price would be pulled down to 0.50-0.55, it already happened three times, it seems that the share price is purposely manipulated
@Betta68, this is just a pattern I observed according to the chart, I hope it will fly soon, fingers crossed! But before it recovers, it may go down to below 0.50, like previously 0.47-0.49 (I am just a newbie, please don't take my comments seriously)
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....
Woot2
306 posts
Posted by Woot2 > 2018-03-01 14:53 | Report Abuse
0.545