“With leverage, it only makes sense to add it when you can be 100% certain of gains,” said Li, adding that his family sold property last year to buy stocks. “That usually happens when the old grannies start rushing in during the mid-to late stage of a rally. We are not there yet, but when the time comes I will be ready.”
You won’t have to wait long. Chinese stocks are rallying hard tonight. If they get a whiff of Elixir’s activities on their doorstep we could see a buying frenzy.
https://finance.yahoo.com/news/no-way-lose-inside-china-200000772.html
https://www.bloomberg.com/news/articles/2020-07-09/chinese-ipo-s-876-first-day-gain-shows-growing-mania-for-stocks
“With leverage, it only makes sense to add it when you can be...
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Last
9.3¢ |
Change
-0.004(4.12%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 9.8¢ | 9.3¢ | $85.87K | 905.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 203524 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 100000 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| EXR (ASX) Chart |