70,000 new shorters
I expect another day of downtrend today with another 70,000 shorters entering this stock. At the end of yesterday, the 141,000 shorters from the previous day had exited their short position. This accounted for the small spike towards the end of yesterday's trading day lifting the stock from its intra day low. Today the cycle could repeat as the shorters would likely scare off those who entered at 7.57 a couple days ago. Looking forward to the daily trading volume of this stock crashing below 100k as only then will it properly begin its uptrend
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让子弹飞(SG) : Everything over 7 yuan should have been sold for a long time; the lowest one you hold now should be around 8 yuan.