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Pop n hold today ... bonzaiii
I agree. There are hopeful moments.
The company's products are interesting, and the short position has decreased 95%, but they are still losing $6/share. Since they are China, they could be losing $10/share. This is an interesting company to follow.
There is definitely interest in it at certain moments, like yesterday,when it ran up like $0.10, after a few days of the moron manipulators knocking it down, and pinning it,until they got smacked in the face and squeezed out, probably plenty more moments like that will keep happening.
Short interest almost non-existent
The short interest is at a record low: only 2,500 shares. It was over 690,000 shares exactly one year ago.
Something is up here.
Hopefully, the momo players stay away for at least a day or two. They will cause a SEC pause while they buy, and then take it down to end red when they sell.
https://stockcharts.com/h-sc/ui?s=sxtc&p=D&yr=0&mn=6&dy=0&id=p38090673899
https://www.barchart.com/stocks/quotes/sxtc/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100
https://www.barchart.com/stocks/quotes/sxtc/opinion
Book/sh 5.82,cash/sh .78,institutional buying up 22% ,1.68m float,shares outstanding 2.56<ohhh m g
Wow this micro float moves fast now they let it go,not optionable so no mm short games atm
Loading with institutional,look at 1 month/vol candles on here,last 4 ALL GREEN AND BLUE ,something coming
Loading with institutional,look at 1 month/vol candles on here ALL GREEN AND BLUE
Backstabbed here? Time to run.
He backstabs everyone that he meets. Horrible person with no moral compass.
China just coming out of lock down to sec!
This 8.00 17.00 stock $$$$$$))))))
$15,000,000 in the bank and an MC of $1.5M
,,,,,,,WE’RE GETTING BACK IN TOMORROW. CHINESE,,COVID GOING THROUGH THE ROOF
Sorry. I’ve never heard of that company.
I cannot believe I was taken
by a P&D. Since there was no posting here, I had no idea that a P&D was in action. I thought that this was a natural increase. I will continue to hold.
How low will this go?
Will we see .51 again, or lower? I cannot believe that I got caught in a P&D. I was here holding for many months and thought that something good was finally happening. I got Madeoff'ed.
Where we finish this week
will tell much about the strength or weakness in the price.
Looks like a well-orchestrated P&D.
Too bad. I thought that this was the real deal. Maybe next year.
Some profit-taking going on today.
Holding up well considering that this was .51 a week ago. Very low float. Could be one heck of a ride is coming up.
That makes sense. Profit-taking now.
Since there were no posters on this board, I assumed that the run north was legit. The party may be over. Interesting.
The whole sector is running $$$$$
It’s been alerted by at least three paid alert services, one of which has just over 100k twitter followers. That one charges $1899.00 a year membership (not a member) to join!
It’s also been alerted by Zalmy (46.2k followers on Twitter) also on Twitter and from his free telegram alert channel) as a low float bottom bounce.
Despite that hardly anyone is posting which literally makes me think that Chinese traders are looking after their own and running the stock back up to help it maintain a compliance price, but now that there’s so many institutions involved it might be them adding as well!
Merry Christmas $$$$$$$$$$$
I understood what you meant.
I agree. This is textbook trading.
- There are seven (7) institutions in this stock, and four (4) of them recently added to their position.
- In total, the seven (7) institutions only hold 5% of the company.
- But, of those four (4) institutions who have increased their shares, three (3) of them are new.
- MILLENNIUM MANAGEMENT LLC is the newest, and largest, institution holder. They have the most shares. They only began buying in September.
Expecting a push over $1 pre market tomorrow. Did well at open in pre market on Monday.
Short interest remains in the same range.
At least as of 11-30. There may be some short covering.
Second ascending wedge pattern being formed on the chart. I can definitely see a one Dollar break tonight.
Yup this will quite possibly close at high of the day then carry on in pre market tomorrow.
What I meant to say earlier was each time it broke a resistance level on the fourth attempt those resistance levels then became support.
That’s literally a textbook trading pattern.
Yup I looked at the chart and when I see numbers that big as you already said - they had a reverse split.
Interesting to note how well it’s holding up well in after hours trading. Looking good for a one Dollar break tomorrow morning and maybe higher.
Also it traded very well. Took four attempts to break resistance which then became support until finally the squeeze kicked in after steady accumulation all day.
Holding 90c well at the moment. Not too far off the days high. Here’s the thing though, since it started moving this morning I keep getting the feeling that it’s being systematically taken back up.
All day, there’s been hardly any chatter in twitter about this stock yet here it is trading strongly having rotated more than the entire float already! Maybe the short interest has gone up significantly?
5 years ago, this was $500.
That was $25 before the 1:20 split. And, 3 years ago, this was $80.
That translates to $4 now. We are up in after hours. Stock markets are making a comeback worldwide. If something really good is happening, it is not impossible to get back to $2 - $3 rather quickly. They have to get this over $1 for 10 consecutive trading days within 5 months. The Chinese like to strengthen their immune system. The company has a big audience, all of China. I have little faith that their homemade drugs will ever find a cure for serious illnesses, but their emergence into common ailments, and increasing well-being, is perfect. COVID has rocked China - again. People want to feel better.
That would be nice if it happened.
Up 50%. The Outstanding is 2.7M.
We are at 4M. This is turning over and over. Could we see $30 by the end of this year? There was a 1:20 split, so that would only be $1.50 before the split.
Larger buys coming in near high of the day. Looks like bigger traders are entering now.
They’ll be holding for a double at least from those entries in the 80’s.
Gooooooo.....
BOOM $$$$$$$$$ BOOM$$$$$$$$$$
Awaiting the tsunami :)
The calm before the storm.
Looking forward to a record breaking 4th Qtr.
Only 37K shares short.
Something is going on with this volume.
I'm back in again.
Only 2.7M shares OS, and 4M already traded today. Very interesting.
I'm out for now.
Cannot maintain a price. May come back in with profits from LGHL. But, for now, I have better places to put my money. Took a hit. Ouch!!!
Great day today.
No one is watching our company, the next "great one," as they are too busy chasing OTC pink scams hoping to find what we have. That is OK, as that way there will be less momo "one and done" investors and more real investors.
I've been adding this past week.
Bought more today at 2.07 and 2.14. Something good is happening here. Only 2M OS. This could easily get back to $10.
Only 2M OS. Buy 1M shares,
and you will own 1/2 of the company. This will rock much higher with some great news. And, we stay on the NAZ. Looking for $10 soon. This could be a $100 stock if everything comes together.
Better volume last week.
Going to hang in and hold this for a while.
Positive movement!
What do you think happens now?
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