Consolidation is prepared for cutting small fishes head only. No consolidation, cannot cut because price at super penny. Now has more rooms to cut. Cut kao kao. Guaranteed soon will drop to less than 5c again. No doubt at all. Max is by end of 2024
China can continue to loss money but to take up the market position. They have a lot of money to dump, unlike us. This is the world with capitalization. Who has enough money to dump price and take position, end up loser bankrupt and exit business, then dumper wins the game. Unless all can stand the loss, then end up dumper has the most impact and exit first.
new management is just another episode but still same drama, same series. if a business already worn out terribly, no human willing or can save unless rub off everything and reset. sometimes, people love to convince themselves with fake hope, no doubt they knew the outcome will not be changed
who hold how many % doesn't important important is whether the stock can perform well in business and stock price else who holding 99% also useless, don't you all think so? they hold a lot, will that make you wealthier if price not up or continue drop or business keep doing like sshhiitt? Just wonder how other think
I dare not to play this stock on 1st day like I did to other IPO stocks because IPO always overvalued and many IPO tech stocks already dropped around 20-30%. As I anticipated, open very high and continue dropping.
better don't come back to read comment at least for 1 month. don't want to involve in quarrelling. people quarrel can be due to different opinion but some people are personal attack and show own ergo. I've learnt cannot calm people down because those in hot, will remain in hot because of character. bye bye