$航美传媒(AMCN)$ Looking at today's trading prices and volume, the latter spikes with a drop in price, indicating selling pressure. Disturbing pattern of a distribution rather than accumulation.
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$航美传媒(AMCN)$ Looking at today's trading prices and volume, the latter spikes with a drop in price, indicating selling pressure. Disturbing pattern of a distribution rather than accumulation.
0.60 has been a strong resistence during the past 6 months, people would have strong desire to cash out at this point; if you already have a position here, I would say sit tight and don't get washed out
It’s normal to pressure the small shareholders to give up their chips and prepare to shoot to another level of price.
Buy back still on going.
Again, price dipped with volume. Someone is deliberately pushing the price down now and then. Don't think ordinary shareholders would want to do that. Who then?
i'm expecting 2$ at the end of the 5m$ buy back program. Chairman Guo is a man of his word as always.
I would say that AMCN shareholder community is one of the finest English speaking communities among Chinese Concept ADRs. LOL