what goes up fast comes down even faster. lol
roundtrip back to 4-5 levels before end of the year
whatever # shares Guggenheim bought or some rehashed Seeking Alphabet pump piece makes no difference in trying to prop FENG up. Also JP Morgan $15 PT on nothing of substance other to get their clients out of Feng all points to going lower
couldn't even hold 8.7
All you hopefuls say tremendously undervalued yet it continues to drop...
sucker retail buys when it approaches 9.8 hoping it will break 10 but it doesn't as big boys drive it back down to low 9s
sucker retail short thinks 8.95 and lower is a sure thing only to lose as big boys drive it back up to high 9s
this pattern has been seen over and over for past few weeks
watch 8.90. if it breaks below that could head to $7 or lower by year end
watch 10.75. if it can hold above that maybe heading higher to retest 11 - 13 range
that is was nothing more than a commodity player with no competitive advantage
JJP you pump #$%$er
7.78 is more like it
that is the truth
would know the truth. Chinese always cut corners, shady, poor quality. Cannot trust them.
#1 Feng stock tanked 40% in just three months from 13.3 to 8.95. Beaten down stock investors will sell towards end of year for tax loss.
#2 stock has already tripled in just one year (even considering recent 40% tank). Markets skittish as it continues to make new highs on no real reason other than Yellen dovish stance which was expected.
FENG may go up in late Jan or Feb. No reason to buy now.
Didnt' we see this scam before during first internet bubble and Fraudbook?
they had client who wanted out and they were selling to you (the sucker retail)...