$WUXI APPTEC(02359)$ It's either derisking is taking place at HKD192 or a suicidal short seller is sitting there throwing his money into a deep cesspool watching every dip being bought...
$WUXI APPTEC(02359)$ We have a HKD192 sell ceiling to break to the upside. My dear short sellers - it's nearly Christmas. It would be wise to keep your capital for a present of instant noodles. While you can. Walk away now and give me the squeeze to the upside. Yours, #WuxiApptec bull.
$WUXI APPTEC(02359)$ For those who want to trade the ticker from its volatility - the funds derisking will do so at the morning open. Then Wuxi Apptec will get bought up in the afternoon session. This will take a while until the process and season is over for the year end bonus allocation.
$WUXI APPTEC(02359)$ Daiwa pointed out that the biggest positive surprise was a significant acceleration in backlog growth in the third quarter, which rose 36.4% year on year, outpacing the 25.2% year-on-year increase in the first half."
"Daiwa pointed out that the biggest positive surprise was a significant acceleration in backlog growth in the third quarter, which rose 36.4% year on year, outpacing the 25.2% year-on-year increase in the first half."
Daiwa lifts WuXi AppTec target price to HK$232 after another Q3 beat
$WUXI APPTEC(02359)$ Whoever it is who's putting out this sell wall is just not very smart in allocating trading capital as an institutional trader. How dumb a strategy. Just go long - this is a multi year run. Read the tape!
Nomura is behind the curve - lagging in the overall calculation and seeing how the acceleration of molecules into the pipeline will literally re-rate this ticker a few times upwards. Read the tape Nomura analysts!
Nomura Adjusts WuXi AppTec Co's Price Target to 202.87 Yuan
$WUXI APPTEC(02359)$ If you're a short seller and you see the dip getting bought up every time you go short, and you continue shorting.... you ought to go bankrupt lol [LOL]
$WUXI APPTEC(02359)$ The spread between the SSE and HKEX for this ticker is wild. It is up more than 2% there and flat here. wonder if folks see an arbitrage opp.