$U-BX Technology (UBXG.US)$ im new to ubx why did it go down...
$U-BX Technology (UBXG.US)$ im new to ubx why did it go down to this price i dont wanna do any research atm. just comment here why thank 🤣
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Sean Parker : I was wondering the same thing.
Stock Grader OP Sean Parker : I just bought some and hoping for the best lol
73296040 : prob just dump cuz it's china stock. Asian stocks are wild. seen couple in Korea lol
Sean Parker Stock Grader OP : I did the same thing lol. the average cost/ share is over 10.5, so what's the worst that can happen.
Sean Parker 73296040 : Hopefully it'll do the same thing going up then lol
Stock Grader OP Sean Parker : I know right hehe my price target is 15
73296040 Sean Parker : lol yeah but it also dump crazy and sometimes never go up or takes time just be aware
Sean Parker 73296040 : that's why I only bought a couple. it's my weekly gamble lol. it's cheaper than going to the casino
Stock Grader OP Sean Parker : Agree
gregarious Crow_7053 : It may have gone down because they change accounting firms. I have heard this has happened before with other Chinese companies. Perhaps the old accounting firm wasn’t showing the whole picture. Or maybe they were reporting the whole picture. If that’s the case, the stock should go right back up after the next quarterly report. I’m hoping they change accounting firms because they got a better price with a different accounting firm. Therefore, if everything was true when it was over $30 a share, it will still be true again at the next quarterly report.
I am no wizard but perhaps it might be time to load up on it instead of getting rid of it.