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Re: PURA VIDA post# 117

Saturday, 12/22/2018 9:29:23 PM

Saturday, December 22, 2018 9:29:23 PM

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I believe right now, end of year selling coupled with a group who are heavily short selling this company are pushing the price back down to fill a gap that was left from 11/20 to 11/21 at a price of $4.40 to 4.67 Once this gap is filled - I am thinking the downtrend will end and a new uptrend will begin (especially if the trade war lightens up). It is quite possible that the stock will go back to $17-$18 per share within a year. So, I wait til the first of the year and will buy when my indicators tell me to. You might want to follow this one and see if it would work for you too. The company is Qudian, Inc. and they are a chinese small business and internet finance company. They just released their guidance for next year - and it was quite impressive.

https://finance.yahoo.com/news/qudian-inc-provides-guidance-full-100000046.html


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