Hi Yang - Generally I share most of your views on this counter and S-Chips. But why did you buy at 10 cts when you think the share will drop to 8 or 9 cts next week? I think Hunter Hall will divest all their shares before the 3Q results 9th May or earlier , probably by end this mth.
If CEO did indeed buy Buzhibao on the quiet, he is naive as the news is certain to leak out. Common sense says you shouldn't compete with your customers if you depend on them for a living. Anyway, may be a short term trading buy if price drops to abt 8 cts ? My views only.
I made a mistake when I calculate the % of hunter. The reporting of April 13 does not include selling of April 11 and 12 and 13, So, they should have less than 1% now. Since April 11 to now, the total volume is 41.6M.
do you guys think price will stabilize once hunter hall has finished selling? Also, based on your calculation, how long will that take, end of next week. I am hoping to buy around 8 cents but i am worried the cash is noy there already. Audit is still some months away. any views?
Do not expected to become rich based on one stock! I always buy different stocks. For QM, if the company has no serious problem, the price is good already and no need to get the lowest. Otherwise, just calculate it as a failure investment. It is normal.
NextInsight
a hub for serious investors
