Replies to post #674625 on Zeev's Turnips Patch-No Politics (ZEEV)

[Taxmantoo]

You said it might bounce and run W (my prediction), but the chart was sick so the odds were against it happening that way.

When it immediately ran over $6, I was wishing I'd bought.

[oeo2oo]

GFRE may be a legit company, but the pervasive attitude toward any Chinese stock is now negative, and the hike in margin requirements by IB (others will follow?) is just another headwind.

Plus, as I recall from reading their latest earnings reports, it seemed that the revenue growth came from price increases, and not from any increase in volume. So, what happens is prices fall a bit for their products?