Latest news here :finance.yahoo.com/news/chinas-oct-factory-activity-returns-014907489.html
It is scary that the management overstate its revenue and profitability to fool the shareholders.....
To think that it is included in the S&P500 index would mean it has passed certain tests, but who knows......what goes up fast, came down just as fast ............
What to do if you are holding this stock ?
Personally, I would have lost faith in the management and getting another auditor would not solve the problem. How about replacing the CEO? This can happen but it would takes time to turn around........
I think the chances of it falling through the support at 26.68 is high and panicky retail investors would rush to offload ........
Please DYODD
It is scary that the management overstate its revenue and profitability to fool the shareholders.....
To think that it is included in the S&P500 index would mean it has passed certain tests, but who knows......what goes up fast, came down just as fast ............
What to do if you are holding this stock ?
Personally, I would have lost faith in the management and getting another auditor would not solve the problem. How about replacing the CEO? This can happen but it would takes time to turn around........
I think the chances of it falling through the support at 26.68 is high and panicky retail investors would rush to offload ........
Please DYODD
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.