This Wednesday, March 10th, is the last day to buy EBIG to get Tsingda dividend. I feel Tsingda is the strongest of all EBIG clients...so I expect Mon-Wed of this next week to be strong days for EBIG. It is good to see Tsingda moving so quickly in EBIG's IPO process.
with more stock dividend on the rock, I bet the target will be $1.00.
but by technical analysis, the short term down trend has to be stopped by 0.14, if opening 0.14, cluster of previous peak at 0.12 will be a strong support. But short term sharp rally will be out of hope.
i just hold very little for this share. Awaiting to see what it will turns out for this funny week.