Gdman
2023-01-09
$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$ What is happening again can some genius who said $1.50 explain?
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Comments

  • trendjourney
    2023-01-09
    trendjourney
    they are in a 4+ mil legal dispute with a company that has just folded. the hearing is on 23 Jan. So there is unknown
    • Gdman
      4 mio is not going to dent ontheir earnings. since dropping from $1.42, it has been theccounter shorter by traders. Interesting no word from the exchangecon inquirying. Its not usual for a counter to drop more than 15-20 %
  • Gdman
    2023-01-09
    Gdman
    It feels like an orchestrated shorting by group for such a large drop with minir news. Or is there underlying news which onky institution knows… which then means the corporate afdairs of the compnay dont do a good job and informing the public investors ar large any material news which may affect the price
  • bullChew
    2023-01-09
    bullChew
    Maybe BBs want to collect cheap. The upcoming result should be superb even with this lawsuit. Dont sell too cheap!
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