Focus on Fundamentals
After a steep slump, it’ll usually take weeks if not months to bring in fresh new investors with a positive outlook. Huge sell orders are pilling up because old investors are looking to leap at the first sign of pump - even at a loss.
At these periods, controlling emotional trading will be hardest. We need to look factually that the stock is extremely oversold and the market cap is trading at a low half of enterprise value with a healthy low float.
Even if it reaches the abyss of $1 - $2 dollars, we stick to fundamentals and we hold tight. Severe undervaluation creates great demand. Hide it if you need to but nothing drops forever.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Tianhai Chen : Don't talk nonsense. Just throw this stock away. Buy when you wait a few weeks or months to buy or when it's not stable. There is never hope when you hold on to falling all the time.
cnkj OP Tianhai Chen : Just my 2 cents. I’ve held thru very dire stocks to have it work out at the end. Fundamentals always win
Jaysonneo : Like I told many. If you don’t need the cash, just hold till miracle happens. <10years. Or average down when chances arrive. This stock has potential if it merge with EV battery disposal. And the company currently has no debt. So it’s not going bankrupt anytime soon.
RideTheTide cnkj OP : How is the fundamental of this company. I have 40% left might hold to it returns if the fundamentals of the company holds.