Stock will reach 9.20
$Chindata(CD.US$ Shares are being bought at this price when it goes private. Guaranteed 10% profit if bought at 8.30.
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Den the Dragon : success
Autumn-girl : when it goes private means delist? :)
Steven J : Yes it will get delist. I’m heading to GDS $GDS Holdings (GDS.US)$ believe and stay long
Mcsnacks H Tupack OP Autumn-girl : Yes. They buy all the market shares for 9.20 then they can delist.
Mcsnacks H Tupack OP Steven J : $GDS Holdings (GDS.US)$ is in serious financial trouble. Net income YOY is -475 million. Institutional investors have been selling the last 6 months. They just approved to issue more shares in order to pay off rising debt.
Mohamed elsage Steven J : Mohamed elsage
Steven J Mcsnacks H Tupack OP : Not necessarily true, that could be bearish part, but the demand that they will receive due to Ai with data centers could benefit them, which they have mentioned around Q1. I heard the same stories about other companies. They company is well established and we the bulls can hope for a turnaround.
Mcsnacks H Tupack OP Steven J : Institutional investors are your most important. When they are selling the stock,it can't go up. So until institutions start buying it will continue to fall.
Steven J Mcsnacks H Tupack OP : That’s not true either
Steven J Steven J : What’s your price target? Just curious