Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
5
Translate
Report
13K Views
Comment
Sign in to post a comment
IamJit
:
Shorters. They know that majority of the holders here are paper hands. When they short, automatically trigger your stop loss which further causes a fall
IamJit
:
If we were to just relax and remove our stop losses. Shorters will be in trouble. But every trader has stop losses. This share will stabilise once the volume of traders drop and traders look to other shares to make a quick flip.
silverelf
:
Yeah, price will go up again when they cover their positions, I think it’s a good price if you intend to hold, check out the P/B, it’s discounted at about 1/3 of asset at current price
IamJit : Shorters. They know that majority of the holders here are paper hands. When they short, automatically trigger your stop loss which further causes a fall
IamJit : If we were to just relax and remove our stop losses. Shorters will be in trouble. But every trader has stop losses. This share will stabilise once the volume of traders drop and traders look to other shares to make a quick flip.
silverelf : Yeah, price will go up again when they cover their positions, I think it’s a good price if you intend to hold, check out the P/B, it’s discounted at about 1/3 of asset at current price![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
IamJit silverelf : Yup I am also holding due to the proposed share buybacks. I am holding about 3.2k shares at 1.02
Ms Heng OP : Thanks, I will still holding at 1.17