So an Insto sold? Big deal. All you short term monkeys have no idea how to make serious money.
Read this.
http://m.scmp.com/news/china/money-...ign-firms-boosted-chinas-new-law-baby-formula
Then remember this.
"The Chinese infant formula market is expected to increase from $18 billion to over $30 billion by 2017."
Then remember the one child policy is scrapped.
Now put 2 and 2 together..
That = Long term lock.
Trade it if your only interested in small gains and prepared to miss the boat. The amount of guys I see worrying about 10-15 cent drops just annoys me. Talk about no balls.
LOL at the people getting out. $4 next Xmas, page-39
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Last
$5.59 |
Change
-0.060(1.06%) |
Mkt cap ! $4.041B | |||
| Open | High | Low | Value | Volume |
| $5.67 | $5.68 | $5.58 | $14.79M | 2.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38098 | $5.59 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.62 | 2000 | 1 |
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