Traderfan, Im sure you are aware of negative price movements in China stocks recently. Its not specific to ONP, nor should it be used reflect the business quality when its a general market correction.
I know it sucks and yes they could move even lower. So my plan, as usual is to wait for confirmed bottoms and add to the best values I can find.
Also if you look at a daily chart, $9 (its current close) is pretty strong support from mid NOV up until it broke out to the upside.
For now its time to just wait and see what develops next week with the markets, any strength and Ill probably be adding some here. GL
A people that value its privileges above its principles will soon lose both. DDE
Semper fidelis
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