Merry ST, 7 days 5 daily limit, 20% of each daily limit?
In the A-share market, the most expensive ST variety, in seven trading days, there were five stops, and the proportion of each limit was as high as 20%.
The stock price rose rapidly from $20.60 to $52.97.
The increase was more than 120%, reaching 126.3%.
The stock price of ST Zuojiang is 299.80 yuan, making it the most expensive ST variety in the market.
However, he became a relatively standard loss-making stock, with earnings per share of -$0.95 in the first three quarters of 2023.
Then the stock price fell sharply, from $299.80 to $20.60.
Interestingly, after the formation of a relatively standard technical pattern of the W bottom, the stock price rose rapidly, and each rose by as much as 20%.
In just seven trading days, the rise is more than 120%.
What do you think about this situation?
What would you do?
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