It wasn't worth the risk at this price sitting ontop of the last shoulder of a large head and shoulder formation where the top of the first shoulder and the neck both experienced the same price behavior as is displayed now. Downside as far I can tell would be a 35% drop, and one that is justified given that area casinos are likely to be weak due to government crackdown. I hope I am wrong, its a stock I'll likely go back into once my fears about it have been proven wrong, but I'm not risking 35% when I can wait and see in another stock that doesn't have me worrying. I made good money on this stock while I had it.
I suggest you read the latest news that is happening with Casinos in China. If I played the market on emotions I would have remained in this stock. Non-emotinally the profit margins are under attack since the Chinese government had a change of heart against casino gambling which has resulted in increased regulation. Their projected growth rates are likely over estimated at this time. In any case I'm out for now. Do hope everyone luck in it, but if you aren't reading the up to date news on this industry thats your problem not mine.