Such heavy selling, but the selling has stopped. Nonetheless, I fear the worst, that it might has some accounting issues with the auditors since they have yet to announce their AGM when its already roughly 30 days since they announced their results.
But if this prove to be a non-issue, the rebound should be fast and furious.
I centainly hoped no, although i am out of it as a precaution, this will definetly hit ALL S-chips if is another auditing issue
During this August selldown, there was alot of redemption by institutional invester,
I think they must have lost heavily this round.
and still now there are still selling. Such as i reluctant to buy.
But i think there got to be a strong rally coming.
suppose to buy high and sell higher.
so decide to cancel buy order and wait for rally to come.