sino grandness - undervalued stock

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11 years 11 months ago #10053 by Guest
do u think that at .485, it still has sufficient upside to justify an entry at this price? a break to .50 on volume would be nice as the .48 is a key resistance in the past.

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  • ethan999
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11 years 11 months ago #10054 by ethan999
Replied by ethan999 on topic Re:sino grandness - potential undervalue stock
In the long run, yes. In the short run, I'm not sure. 
I'm a long term investor, not a trader. 

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  • Ole
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11 years 11 months ago #10062 by Ole
ethan999, how long-term will u be in this stock? Or what TP u hv? can share?

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11 years 11 months ago #10065 by radiant_legend
i think most of the investors are targeting a long term TP of .58-.60. the previous all time highs. this would certainly be possible given the growth of its beverage segment.the return of investor confidence in S-Chips in the future, would be another strong catalyst for this counter.

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11 years 11 months ago #10066 by radiant_legend
technically, the stock seems positive for more near term gains. but I would expect it to correct to the support of .45-.46 before attempting the push again to break the .48 resistance.

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11 years 11 months ago #10069 by Val
Looks like quite a few forumers are basking in the radiance of the stock now. Well done, hope this one proves to be a winner. I don't have the risk appetite to buy it. Pity me.

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