GuanHua Corporation (GHGH)

[MSEED]

Compare USXP chart Dec-Jan. to AUGC now

Setting up exactly the same for a large pop.
All technicals are almost identical and was same situation with pending co. 8K, pending news.

MM's will have to bring up pps (and yes, they ARE the ones that have been holding the pps) once volume and momo are generated by the 8k and news out. The longer the MM's can frustrate the retail traders, the more cheap shares they can accumulate. IMHO, this stock is so heavily short/naked shorted. AUGC on SHO list.

Also, I am not quite understanding posters comments that the pps has not been moving. If you review the chart shortterm, the pps has been rising (from .0001 to .0003) and now @ a strong base. Just because some retail traders bought @ .0003 and it hasn't gone overnight to .0008 does not mean the pps has not had a steady increase.

Basing at specific levels is a GOOD thing for a continuation of upside, not bad. Shows strength moving forward.

Again, the USXP chart comparables are so similar in setup right before a very large upturn.

Best Regards

Not a buy or sell recommendation.