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Volumes are really low for this counter. Hard to tell direction of trend for this counter.
Buy NOW !
Big boy are collecting, anyprice below 88 cents is damn good deal... STRONG BUY !
really not much moving up...think bb don like it..?
Hi Snowy116,
Yes. I think you can buy around current levels. May exceed $1.32.
Hi Nostradamus, I was vested at $1.32.......thot of averaging down when it went below $1.00, but, chicken out.
You think it's still a good time to go in now ?
Hongguo rebounded from support around $0.98 to $1.00. Vested at $1.00.
*value partner withdrew totally form unifood then..
value group withdrew totally as in this case, they withdrew a portion, i believe is to lock in some profit..
also, unifood was than like a clone to the bigger food counter pfood. however hongguo is one of the big 3 in the shoe sectors in china.
diff ball so cant compare this way.
nevertheless it is still better to be catiously optismistic .
potential to hit 93c and 1.06 soon..
When Value Partners withdrew from Unifood, it collapsed from about $0.60 to now $0.185. They probably aleady knew something then?
Wonder if history will repeat itself?
must be a lot of contra players today.. better wait for few more days to clear the myths..
in other words, it should drop to 0.70++ level again? hmm..
Yes... I'm aware that it rallied today... but remember that it fell for the last 5-6 trading days consecutively. That's why be cautious with this counter.
but but .... it is 0.83 now... hmm... strange...
Looks to be on a downtrend from TA charts. Be cautious
yeah, I know that news as well.... But, should not hit so hard from 0.97 to 0.735 gua... but then, it recovered very fast... cool..
Fell on news that Value Partners reduced its stake from 5.57% To 4.65% after the run-up in the price.
Maybe the price was ramped up so that the shares could be placed out at a high price.
Hongguo is a yo-yo man.. I queue 20 lots at 0.73... but I think I will not get it today..
0.735!!!!!! OH NO!!! so scary this counter...
goes up fast also comes down fast.....