Be fearful when others are greedy, be greedy when others are fearful
I’ve been hearing people talking about how rs 1:15 isnt a bad thing for avct way before the rs news is posted and now the public is panic over rs
Personally i think it makes sense to change the amount of stock to suit a certain price per stock, especially during a buyout. (Again, disclaimer xD ) At first I was worried when I saw more were entering the avct market which doesnt correspond to Warren Buffet saying of ‘Be fearful when others are greedy, be greedy when others are fearful’. Now that the situation totally fits that saying, my worries are all gone instantly
Pesonally I’m holding this till the end.
( Again, disclaimer xD )
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Thomas sago : I brought 500 plus share so shall I hold or sell
Xiaoxi_penguin OP Thomas sago : It depends on your belief :) I’m holding it until it makes money![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Thomas sago sociable Jackal_2469 : But it comfirm there is no buyout happening already and they also said is a r/s
Thomas sago Xiaoxi_penguin OP : I really in a loss for a week
Xiaoxi_penguin OP Thomas sago : I was thinking about the possibility of Hudson selling all of their shares when it was above .3 (because there is no restriction to Hudson in selling more than 9.9% if it’s above .3 and they are desperate to sell them off given that there is not enough time), which explains the sudden downfall and in domino effect causes the panic to further reduce the price.
Thomas sago Xiaoxi_penguin OP : Ok I will wait n see how tomorrow pre market
Xiaoxi_penguin OP sociable Jackal_2469 : I do agree, although my aim is at 1.00 - 4.00 since 9.00 might be a bit over reach but I would totally do that :)
Xiaoxi_penguin OP Thomas sago : Everyone is panic over GlobeNewswire news instead of news from AVCT itself, which gives me the question of why it’s not from the official AVCT website instead if there is a rs news![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Thomas sago Xiaoxi_penguin OP : Ya u r right it this is official news they shall share on their website
Xiaoxi_penguin OP Thomas sago : Everyone is under panic currently so high possibility that there will be a downfall temporarily. However whether it will have a rs on Monday is still in question since the news is from GlobeNews instead of AVCT website.
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