QUOTE(narf03 @ Apr 10 2024, 07:28 PM)
Too late. It’s gonna open high the next trading day. Haosen went up 400 % after dropping 90%. I was thinking the same tooChinese Cement Maker 99% Crash in 15 Minutes
Chinese Cement Maker 99% Crash in 15 Minutes
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Apr 10 2024, 07:33 PM
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Apr 10 2024, 08:43 PM
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QUOTE(TRAZE99 @ Apr 10 2024, 08:26 PM) i think already planned , abo how to be so precise make it all happened in 15 minutes. almost like margin call movie. Lol no la. The liquidity is not even strong for them to make an exit. 1 investment vehicle holding 70% of the shares is not even remotely possible for them to dump all. If u go through the transaction details during the dump, the liquidity is almost non existent. The price just jump from 4.8 to 4.5 then 4.2 in few seconds with little volume. There’s barely anyone queuing to buy except at very bottom around 0.05. I believe director pledge his holdings to make loans but kena margin call when cant make interest payments. |
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