I'm looking to see $10 plus on this. Stop below previous lows. This thing can shoot up on no news at all. The only way to make money is to be in at the bottom and wait patiently. When the ANT IPO starts this things is going to get all sorts of interest since it's same sector. We will not have direct access to ANT IPO so people will look to find action on other nasdaq listed Chinese finance companies. When it starts to pump again, you probably will miss the boat entirely if not already in as the pumps only last a few hours. You can notice some MFI divergence on daily as well. The float is small. This will fly.
Looks like it is waking up a little. Hopefully see some follow through in the coming days.
ryan-snk
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Looks more like a pump n dump boat that already left the dock and hit an iceberg.
cameraparts1701
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@ryan-snk, It's definitely a pump and dump and I advise you to play it as such. I like pump and dumps, just have to be smart with them. This is a 6:1 or more reward risk play. Keep in mind too though, the company is actually quite healthy. It's not a worthless company.