$Utime (WTO.US)$ hi guys, check the photo below, you will kn...
hi guys, check the photo below, you will know why this stock drops alway. 99.31% of the share holders are small investors are us, this means the company holds less than 0.69% or 0% of shares, and the company does not care about the price drop. if the price continues to drop, it will be delisted soon, and we all lose all the money. we are the biggest holders, and we can decide the price go up or fall. if you are holding a large portion you have to increase the price so you can get your money back. I'm not losing a lot of money, but I will not reduce the price, I promise. and will also help to increase the price if you are increasing the price. I will see you do this through the progress of the selling status.
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TheDylz : My personal rules are never trade Chinese scam stocks there are many in US exchanges I don’t mind companies like alibaba tencent jd etc. If you do these are not stocks for holding if you profit take it while you can. Also don’t buy stocks just because people are pumping them in some chat room these people do that. Ultimately I believe this is a junk pos company but this is not investment advice imho.
Jazz Dancer OP TheDylz : I said this too. e.g., I said I did not want to buy that stock because of stereotype issues, I meant because many people said the same thing as you, so I knew these kind of stocks always drop rather than rise. but I bought this before it and sold most of them when it was 1 dollars.
TheDylz Jazz Dancer OP : Well they do go up and quite a bit sometimes usually at ipo but when they drop it’s usually fast and hard and gets halted and sometimes -90% in a day
thanant : It's lost its support at 0.50, heading below 0.20? Like Holo? 99% of retail-backed stocks should be more volatile; there are no stable prices. The future might be up or down faster than usual.
72355696 TheDylz : You would likely do better to also add US scam stocks on your never trade list
Fuck it - never trade anyone’s scam stocks lol.
You know they wouldn’t be scams if everyone knew they were scams right?
Such an easy thing to say w/ hindsight bias huh.
TheDylz 72355696 : Huh? Yes there are crap us stocks too. But it’s easier to identify as they are not in communist china with all the internet restrictions and whatnot. Not gonna lie I trade a lot of garbage almost every day there is some garbage is stock going up 100% it’s not like I’m bag holding gme for life and not taking profit lmao
thanant TheDylz : good choice