OJC 3.13% 16.5¢ the original juice co. ltd

Ann: FOD receives first order for $2 million of hand sanitiser, page-47

  1. 13,667 Posts.
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    because a lot of T+1 and T+ 2 traders buy shares with money they don’t have. So they jump on early..stock pushes higher and they scramble to make a quick buck. They sell when it’s dipping because they probably can’t even afford to settle a small loss.

    The stock for me justifies a good buy in the short to medium term. 2-6 month time frame for now. Hard to know what any of the sanitiser companies will do longer term but it’s a good opportunity to make some $$. Longer term all them may be good because the Chinese and even around the world may change their daily sanitiser habits. I think as additional orders filter through the market will see this is a decent business. Just really depends on what the margins are on hand sanitiser. I got no idea on that one but it should spruik the interest of the market.
 
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