StockWiz
2022-07-06

$RENCO HOLDINGS(02323)$sellers trying very hard to go short and bring down the value of the stock.

Hold on to your stocks ! These guys will have to buy back at some point [Happy] 

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Comments

  • vw88
    2022-07-06
    vw88
    I really hope your analysis is correct. But unfortunately it didn't happen on other pump and dump stock eg.01842. there are many ppl suffering in that stock. I guess some are still holding.
  • StockWiz
    2022-07-06
    StockWiz
    they sell the contract at a higher price , expecting the stock to go down ... they will have to buy back the shares they have sold .
  • StockWiz
    2022-07-06
    StockWiz
    eg: if the price of a stock is 20 , and I expect it's gonna fall lower . I'll sell it at 20, and expect it to fall to a 10. if that happens ,I make 10 profit . if it goes to 30 ,then I loose 10
  • SamGoh49
    2022-07-06
    SamGoh49
    how confident will it raise back up ??
  • Winner0712
    2022-07-06
    Winner0712
    Whats the mesning of go short?
  • AngelineLim
    2022-07-07
    AngelineLim
    Omg..🤦‍♀️
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