BOZZA will go up
$CN HEALTH TECH (01069.HK)$ In my Opinion stock is supposed to go up as per the scammers plan. some random common man like us scammed the scammers. News about the company is published in HK stock exchange official website. from my observation stock that fall are not halted and traded daily.
stock was at 0.10 they split to 1:100 so value of the stock went to 1HK. the max it can fall is 0.85HK to 1Hk but if the company announces good news then we will make decent profit. scammer actually planned to lower the price and create panic so they can buy more and make money, that the reason stock went from 2.22 to 1.13 and came back to 1.46. if you look at SEHK 328, SEHK 8238 you can get an Idea.
I have invested my 3 years of savings into this stock. trying to stay positive. BOZZA will defiantly go up. Panic and staying negative will only make things worst in investing.
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73431864 : The fact is, assuming an acquisition is happening, no one knows the value of this company until the details of the acquisition are known. According to the financials available online, Bozza actually has a negative value. More debt than assets and losing money every year. So if the new company looks like a viable business, then the stock might go up. If not, then it could be a penny stock or worse. Hoping it goes up!
MichSam OP 73431864 : you may be true but lot of emotions play into stock price when positive news is published. especially if its an acquisition
Jaguar8 73431864 : True. Booza has 400M in liabilities.
72961482 73431864 : Yes, bargain tickets are also very risky