this company has a backbone infrastructure in China, and is set up in the right geographic locations; it should be a $7 to $10 stock
Sentiment: Strong Buy
This stock broke out this week on some serious volume and there's no posts! Trading pennies above it cash, $1.50 below its book value and it's CHINA!!!! The last time it showed volume like this it went from 4 to 7. I'm in! Not much downside IMHO. Gunning for a new 52 week high next week I hope!
Privileged individuals can see your individual MMID. Your MMID tells the origination of the trade. Once you know that, its like playing poker counting cards or with a stacked deck. They know the likely hood and time frame of who's buying. Once established, they relentlessly sell the stock. NOT hitting bids just selling and capitulating longs. Capitulating longs is what's driving down the stock. Once they drive it down the re-establish a relentless offer. What makes it interesting and how it works is the price. For me it became non-marginable. I assume this happened to many others and forced selling occurs just like buy ins on a short squeeze.
Company has a much better balance sheet and prospects than VISN! Nobody would short a stock that has $1.90 in cash, no debt, $3.80 book value and trades at $2.10. Only reason, who ever is doing it, knows there's going to be forced selling. Otherwise, if the stock returned to $1.80 with the light volume, they could never get a chance to cover.
I got caught in a pump and dump!