HK1069
When HK1069 dropped the day of the halt...it traded below $1 HKD. Anyone know why it quickly went up to $1.41 to close? This stock was relisted back on 31st July at $1. Announcement of acquisition/partnering of ginseng company was unexpected to halt the stock,, I think. Could the scammers not have know it was going to halt? Could it possibly open at much higher price on resumption of trade with this news? Would like to hear opinions.
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73574590 : I don’t think scammers expected the halt.
72954915 : Definitely have potential to go up, depending on the announcement. In addition, a lot of big institution are still holding on to the stocks, another good sign. I hope and pray that we will get more information soon and that they will resume trading
73212842 72954915 : How do you know big institutions are still holding?
BoatMoney 72954915 : They are holding cuz the halt order otherwise who knows
72954915 73212842 : Someone posted it and it was from moo moo I believe
The Evil Genius : So do we hold and hope it goes up or sell right at the open at 1.41?
Sanju 73212842 :
Jimmy_3532 : So you think opening price will go up, and when it will open.
73212842 Sanju : What is source of this? Is this even true?
Sanju 73212842 : It’s from MooMoo. If you go to the stock and scroll down you will see shareholding ratio.