dropped to 15.5 cents this morning... waiting for it at 11 cents...and then it cheong back to 21 cents. this is a truly manipulated & supported stock, in my view.
Dear Yeh, Yes, I am still holding on to the stock. As mentioned, this is a small bet. So I will not lose sleep if the share price dropped to 1 cent tomorrow. Thank you.
Dear Joes, I would not call it a manipulated stock. It is a concept stock. And it is riding on the market mood for internet stories. If Groupon can list with USD 20 billion market value, despite having USD 350 million losses, it makes you wonder about what is valuation....
Dear Forummers,
I have sold majority of my shares in Artivision today at 25 cents.
I took back my capital. Whatever remain are the profit made.
I am putting the capital to buy some more Techcomp today.
Many funds that I met told me that they do no expect QE 3 to be launched. I hold a different view on this matter.
I do think that Bernarke holds the view that the global economy is still fragile and did not recover in 1H2011 (hit by Japanese tsunami). Hence, I believe he will not risk holding back QE 3. In fact, I do think QE 3 could be more aggressive than QE 2.
Nobody is right or wrong in this. It is everybody's guess.
Have a good weekend.