AMBO - I believe a number of institutions who got into china ipo's/secondaries are getting out of positions because of the overall nervousness about the space. This is pressuring stocks like AMBO, CCCL, etc. I believe this process will be over by the end of 2nd quarter by the latest. I am building positions now and opportunistically over the next month in what i consider to be high quality names. Hope to get AMBO around 7.
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