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This long suspension is great!!

A long suspension with acquiring 52% stake in another "parent company" will help this stock out considerably. Dont listen to all the white noise below these comments are coming from people that are just scared of playing the market. Jump in as soon as suspension is lifted or you will miss out!
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  • Shanesas78 OP : Citi bank is still holding almost 18% of the stock, not to mention all the other small banks. Citi bank ownes almost as much as all the "brokers" which is US and financial brokers. You cant possibly think big banks are holding on to lossing stocks... the are probably the ones that bought it all up when it went to .98 cent thats why it jumped back up to 1.410. JUST STOP AND THINK ABOUT IT!! Follow the banks, records, and the fact they just bought 52% of company's shares (main share holders now) The newly acquired company will help out eachother to raise the their capital and earnings. Seems pretty simple to me. most will dump first thing when it opens and when it drops again banks and big players are going to buy all your under valued shares to lower their average just as they did before the close.

    Banks cant be lossing money, thats why they bought more when it fell!!!

  • Sanju : I can see there will be three queues for this stock when it opens tonight . One queue is for sellers who will sell in panic , second queue is to buy those stock from panic sellers and third queue is to buy this stock at market price given the news of acquisition (more institutions and investors will buy at the current market price). Citi bank also bought this stock in millions even after halt. So definitely they had insider information about acquisition. Otherwise who would jump on the sinking ship. IMO the stock might take a dip momentarily due to panic in retail investors and then it will be picked up institutions and banks and price will go up.

  • Person1 Sanju : What is your decision sanju

  • Shanesas78 OP Sanju : Very well said.

  • Next dream Sanju : It will fucking rise ! No fucking doubt

  • SkipperDip : You are pathetic. So now you speak Chinese. Pieces of filth.

  • 73431864 Shanesas78 OP : Those are not banks holding stock. Those are brokerages which the people who bought the stock use. FUTU is Moomoo. Citibank is their account holders using their brokerage services, not the Citibank corporation holding the stock.

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