[Zannn]

The small amount from the listing won't move the needle on the finances of lenovo....

But this listing was played by speculators for all it was worth...that was why I avoided buying the stock as it rose.

The reason for not going through with application is unknown but why the stock fell so much is actually known. Many short term traders and margin players cheong the stock in last 2 weeks and they need to get out fast or face a wipe out.

Using the massive fall,  I bought the stock for my own portforlio. If I am not wrong the stock will just recover to $8 )level in next few days.

The value metric indicate good sustainable yields for yrs ahead.

Lenovo drop another 8% in US trade now. Yr $8 will not happen in few days bro