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IFMK- iFresh and Alipay- Alibaba.
Lots going on, expecting a bounce to $1+
.85-)1.10 fair value of IFMK- Xiaotai is terminated and a non factor which leaves this here severely undervalued at these depressed levels
Watch for a spike back to .80+ this week
$1+ don’t be surprised to wake up next week and see this $1+
This family has spend lifetime building it’s fortunes and chain here
Expecting a solid bounce back to $1++, way undervalued and this was 1.25+ even before the agreement
.80-$1.20 once the air is clear and dust settles. Remember this was trading 1.25+ before the agreement anyways. Smarts loading and will rip this higher when good and ready
Enjoy the cheap’s, won’t last
Valid point. I’ve scalped this and hold none currently. Just watching..
AH - one could argue it does not fundamentally affect IFMK but it may also be why it ran up from these levels 6 months ago. That was a lot of shares traded - More than the float I would say if you assume the insider that has 50% is not part of the float. A lot of flipping yesterday though. I am riding 1/3 of my position.
It was out there on the chats..But does it technically effect IFMK? Naw, not imo. The shorts are loving this currently. Let em, then the bulls will bring it back up once it’s sub .60 again
I guess the news explains drop. Oddly enough I could not find a thing yesterday on a google search.
* * $IFMK Video Chart 11-04-2019 * *
Link to Video - click here to watch the technical chart video
look like this group owns over 8 Millions shares or 50%
HK Xu Ding Co. Limited
https://www.sec.gov/Archives/edgar/data/1681941/000121390019002965/sc13d0219hkxu_ifreshinc.htm
and yes Income statement isn't great but I have given up on reading them as losses on those crazy large companies are hard on the head
I jumped back in. This is gonna move AH.
I will never ask why again,lol.
well I just doubled my money with it at .82
The financials are whispering BK, but stock trading off lows on superb jostling.
Neither. Just pooped out on a short storm it seems
Did this stock split or going CH 11 trading on volume under .50 after months above 1.50 no news no filings. Insider selling? what am I am missing??? in at .40 and asking questions now LOL
Very quietly under the radar. IFMK has the potential to be a huge gainer for anyone with a little foresight & patience.
So, what's going on here? Some sort of major lawsuit and a major battle between bulls and bears on this one.
Dude are you in every stock ? Lol.. This one and other came on my scan based on low float and revenue...
Do you ever use candlestick or other chart patterns ?
I notice your videos usually only pertain to support and resistance levels..
* * $IFMK Video Chart 02-26-2019 * *
Link to Video - click here to watch the technical chart video
iFresh, Inc. to Open New Supermarket in Long Island
IFMK 3.45 inside day low volume. Maybe another one tomorrow with tight range as the MAs set up for a run
Awesome day and congrats to all who were in early this AM and made nice $$$. I love days like today.
IFMK
* * $IFMK Video Chart 08-07-18 * *
Link to Video - click here to watch the technical chart video
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