The ability of ckgt to hold within its trading range on decreased volume is a show of strengh in a down market.
Well with "down market" you mean the chinese small cap area right? Because the overall market was very strong in the last 3 weeks. We have to also point this out. CKGT is now at the same level it was a few weeks back during the sharp market correction and while the S&P was at 1040!
We all know that if the S&P goes down again we go down with the market, has always been the case in the last couple of months. So from that perspective we are underperforming right now.
However only a news event or change in overall market prospective will bring the needed volume back to raise the pps closer to the true value it will some day reach for those willing to hold thru these boring trying times.
Yes I agree, that's what I also said. Only good news or good numbers can change this now.
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