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$9.06 now on this Chynaaaa stock ooooh I wonder if it dumps soon from here.........😏
“ In compliance with the Opinion and applicable rules, regulations and measures, the Company plans to cease offering academic subjects to students from kindergarten through grade nine ("K9 Academic AST Services") in the mainland of China by the end of December 2021. The Company expects that the cessation will have a substantial adverse impact on the Company's revenues for the fiscal year ending February 28, 2022 and subsequent periods. In the fiscal year ended February 28, 2021, the revenues from offering K9 Academic AST Services accounted for a substantial majority of the Company's total revenues in the year.”
Contrarian buying into Chinese companies losing most of their revenue to a government crack down, its just so contrarian and hip to do so, I hope these SP go to pennies when they report their significantly decreased earnings, the market is deeming these companies more valuable after losing most of their revenue, explain how that is possible. Insiders buy penny stocks at .10 a share also.
“5:03p ET 11/12/2021 - Benzinga
TAL Education Says Co 'plans to cease offering academic subjects to students from kindergarten through grade nine ("K9 Academic AST Services") in the mainland of China by the end of December 2021.
In compliance with the Opinion and applicable rules, regulations and measures, the Company plans to cease offering academic subjects to students from kindergarten through grade nine ("K9 Academic AST Services") in the mainland of China by the end of December 2021. The Company expects that the cessation will have a substantial adverse impact on the Company's revenues for the fiscal year ending February 28, 2022 and subsequent periods. In the fiscal year ended February 28, 2021, the revenues from offering K9 Academic AST Services accounted for a substantial majority of the Company's total revenues in the year.
”
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.“
Yessir, loaded some sub $3.80’s on that dip!! Now I’m loading $WISH sub $4.30
“The license rules would allow them to operate after-school tutoring on a nonprofit basis”
“American Depositary Shares evidenced by American Depositary Receipts each American Depositary Share representing one third (1/3) class A common shares of TAL Education Group
200,000,000
American Depositary Shares”
https://ih.advfn.com/stock-market/NYSE/tal-education-TAL/stock-news/86298448/securities-registration-ads-immediate-f-6ef
Not sure if the licenses are to become non profit or not need more info
TAL education
supermegashort squeeze
Next chart opportunity 16 calendar days imo
loaded* some $TAL $4.04, price not even showing on chart lol ?? . Didn’t think my order would fill but it did, went ahead and grabbed some $4.05/4.06/ and a couple $4.07’s. Plan to sell $6+. Trade your plan
Let her fly this week China let’s all make some money sky high open one of these days with major gap to $30 like some of these other stocks on massive news, let’s get that Thursday lots of anticipation take advantage of the opportunity all imo
Big time opportunity for a surge higher if China can indicate that these WONat be non profits, come on China you see the SP op here let it ride and make some money let’s go all imo
Wednesday is the opportunity for 3 month chart reversal from any consolidation Monday/Tuesday imo
Next technical opportunity two weeks from Monday on 6 month chart, unless news occurs and then today would be the day all imo
Wednesday provides best technical opportunity for upturn imo
Price targets $19, $56, $70 when China announces it will back off from nonprofit policy all imo
Rising with the sector each day imo
Continuing to build momentum for surge into the macd for TAL imo
Tal can now begin its sharp 50% chart retracement to $47.00 imo
Chart Opportunity to curve up and increase is now, doing the same thing that eei# and cleu# did prior to those increases from below on the long term macd all imo
TAL buy 6.00
exhaustion gap with just about all rangebound indicators pegged oversold
earlier high volume suggests anyone who wanted to sell already did
now if the sellers are gone, the only ones left are buyers
already seeing volume higher on up moves with volume lower on retracements after the big gap on the daily chart
buyers are active now accumulating shares
weekly chart has the first green candle after so many rare red candles
weekly volume is green at all time high
this is a good time to pick off the bottom, buy in, and get paid to wait
this one is the opposite of buying a stock at the peak only to later be a bag holder with a big loss
https://finance.yahoo.com/quote/TAL/profile?p=TAL
https://www.barchart.com/stocks/quotes/TAL
https://finviz.com/quote.ashx?t=TAL
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=TAL
https://stockcharts.com/c-sc/sc?chart=TAL,uu[e,a]dhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b
https://www.barchart.com/etfs-funds/quotes/TAL/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=TREND&sym=TAL&grid=1&height=500&studyheight=100&timeframe=2%20Months
normal chart
log chart
normal chart
log chart
Shoulda gotten this one instead of the other one.
Agree it is risky. Hoping for a 10 percent gain tomorrow. Just to swing it.
EDU and TAL look tempting. If the government turns them into "non-profit" see FNMA, then you would be in for a long ride at the bottom. Super risky.
Hoping TAL gives details tomorrow evening about what is happening. Would love more details.
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