Share prices are surging..
$Cheche Group (CCG.US)$ even before earnings, we are seeing the share prices surging. Below are some possibilities:
1. Shorts are covering which drove the price up to about $2.4 yesterday but dived back down due to some excitement of some retail investors who decided to close the position early? This stock is classified as a DCB stock.
2. Some insiders leaked the news of the earnings report
3. People are betting on it by taking long positions.
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I am an amateur trader that will for sure make you lose money should you listen to my "so-called" tips.
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