As it's up,there will be less and less seller and easy to push.30 percents retracement will be 12.5 cents.50 percent retracement is 20.5 cents.Usually will pass 30 percent retracement means 12.5 cents.The market is liquidity driven.
I was here since April 21 2020. Topkek and Amy898.
Posted by Michael Kwok > Jul 20, 2020 12:35 PM | Report Abuse
Follow the one who write Lambo in the previous.Still can buy at 5 cents.Please read my blog down there. Lambo I upgrade it to 12-15 cent range based on chart pattern.Please in the April coverage please advice not to sell yet.This market is liquidity driven.If want to buy,please can still buy at now 5 cents.
Lambo blog Posted by Michael Kwok > Apr 21, 2020 7:02 PM | Report Abuse X
Excuse me.Lambo got net cash 4 cent(85 millions).Cash is King now.Now 1.5-2 cents.Usually will pass its net cash target.Tht y I put 5-6 cent as TP price.But need to wait.Probably second half(best case scenario) or at most first quarter of 2021(worst case scenario)
Agrees that many sifu came to claim credit when the price shoot up. For ahare, it is either up or down, 50% chance to guess correct. Smart investors always look at fundamental and technical, dont need to listen to others
Fly. Fly. Previously company gave esos at 0.02 , price move up to 0.045. Yesterday company announced esos at 0.045, so most probably price will move up to 0.10 and so on. Good luck all
Esos a bonus for employee for theirs commitments. If esos at 4.5 how to make money.No wonder got big collections at 3 to 5 cts.Possibility at lesst 8-9 cts.
Some people started commenting as if they're here for a long time. People who are here even more alibabi witchliar etc would know who to trust who not to trust. I still remember back in the day when I commented this stock worth at least 0.04 I got bashed like no tomorrow, but now all come 'fly''buy''TP0.1' bullshit.
Lambo ESOS is bonus for employee's commitments? tsk tsk tsk this company must be so good to work for since they have been ESOS since forever. All workers there must be millionaires now then I guess since ESOS millions of shares. Goreng stock is goreng stock, no other way to word it.
@myip75 0.05 cheap or expensive is entirely up to you. But as the saying goes, when there are huge buy interest, be wary to sell; when there are huge sell interest; be wary to buy.
Giving Esos is proving how firm lambo is. Lambo is growing, just buy and hold for middle term to long term. Let’s have faith and patience on its growth !
@willwin, I sold some. I do agree that the show is not over, but for now, everything here is overhyped to move in the right direction.
Whereas for people laughing at me or not, it doesn't matter. I'm not here to take credit anyways. Just pointing out these are the same people that is hyping this counter right now.
It is healthy for the stock to rest. Otherwise this counter will become a goreng counter which affect the price growth. This is how suppose a stock go. Not like heart attack fly 1 day drop next day. Let it consolidate first.
Dear,it's from the chart pattern.Its really not yet finish upturn.30 percent retracement is 12.5 cents.50 percent retracement is 20.5 cents.Usually will above 30 percent retracement.Not include any good news.If experience,u will know.Not all the time bullish run are liquidity driven.
Regardless of news, lambo is bound to rise higher. Have a look at the weekly and monthly charts. This is the first proper bullish candle. Most probably the bullish trend will continue. Moreover covid vaccine trials are showing positive results.
Today a lot of force selling, not falling is very good already.
Lambo has a lot of business in China, the small lost in last qr was due to covid 19 and trade war bet US and China. The Managements would hold at least 30% of shares after this last round of ESOS for the new Executive Directors, if the earlier one didnt sell their shares, this is encouraging.
China now is facing serious flood and many of the places are damaged and needs to rebuild. Even though they are destructive to economy but it will also bring back the economy through rebuilding, and bring back business for Lambo as well.
Including the latest ecommerce in Lamboplace, Lambomove and Lambopay, it is possible that Lambo retain their previous profiting results if not batter, some time later.
Lambo has shoe wholesale business and generate almost 90% of the revenue. It is becoming very competitive and earnings may be reducing. That is why Lamboplace, lambomove, lambopay are born. But good traffic flow to lamboplace remains weak. And need alot of marketing money that Lambo can ill-afford. This stock is not much of a keeper
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Michael Kwok
6,439 posts
Posted by Michael Kwok > 2020-07-20 13:03 | Report Abuse
As it's up,there will be less and less seller and easy to push.30 percents retracement will be 12.5 cents.50 percent retracement is 20.5 cents.Usually will pass 30 percent retracement means 12.5 cents.The market is liquidity driven.