25-08-2022, 09:55 AM
(25-08-2022, 12:26 AM)sgbuffett Wrote: The news is the China tech stocks is surging.
As for the reason, in recent days shorting China tech was the easiest game in town...people went overboard ...with massive short positions, it jusT takes a hair to trigger a rush to cover and these stocks to surge.
Could be rumors China regulators struck a deal to stop delisting of China tech....or maybe jack maa is allowed to show his face on national TV or something said by China official...does not matter not important
How did u derived there were massive shorts? Actually 95% of investors on IG are still long on HSTech, not like u said most have give up. Wat this mean is that there are still lots of long to be slaughtered. 95% are like u still having hope and yet to give up bro. Who u think the big hands will slaughter? Long or short?