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This cash strapped company will dilute its shares sooner than later in order to keep itself going. Right now the price is high and at resistance... An opportune time to short !
I am shorting this money losing company!
This company is slowly going bankrupt !!!
This company is slowly going bankrupt.
Fundamentals of this company are deteriorating. Simply look at the net income and cash flow of this money loosing company.
Simple stupid setup...
Simple setup in this money loosing company.
Already exposed as being a fraud by Citron Research... Simple stupid setup...
This fraud company was exposed by Citron Research... And its playing out nicely :)
My view is for a short term reversion in the direction of the trend... whats your view?
Looks like a classic short run with no news... so I am expecting a slow rise into the midpoint of the range.
This is a good pullback in a longer term trend... price action has based and is moving to the upside.
It seems that the trend will continue upwards after this pullback.
My first video recording my thoughts and bearish thesis on the company from a technical perspective.
SES - Synthesis Energy Systems - Looks to be heading back lower after a nice retracement. I am definitely shorting this empty shell.
A clear bounce off of fib level... looking to short.
After the Citron Research announcement stating that JUMIA is a fraud, Jumia's Stock broke down from a consolidation pattern with a measured move to ZERO ! I wonder if it will come true.