Not going to miss the boat
$SMI Vantage(Y45.SG$ Second round is coming liao. Get ready to ride on the high tide. Don't say bojio. Easy easy flip your investment (0.034 -} TP 0.17). Trenches of this money are already started to flow into this stock. Gogogo
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101827066OP : Flowing in, flowing in. Gogogo
bullrider_21 : How did you get tp 0.17?
101827066OP bullrider_21: The9 finally officially 'come in' again. which means the king maker is back again. But this kingmaker is a group where they have super deep pockets and are ambitious so they are not looking at 10 to 20 percent gain. They are looking for a bigger pie which is like more than 5 times of their investments in short term.
If you look at 2021, after The9 is roped in, this shares fly from 0.03 to almost 0.2 in just 1 to 2 months.
Not only that just recently, around 1 months plus , this share drop from 0.04 to 0.026 and move to 0.033 and during this change, the daily volume surprisingly hovers around at 20k to 30K lots volume. if you piece the recent announcement, you will notice The9 will be paid by the shares which is at 0.0325 and the measly 20k.
So yeah, TP at 0.17 is possible based on the characteristics of The9 and will say the TP I set is set at cautious level
bullrider_21 101827066OP: Does The9 have any relationship with The Place? I seemed to have heard the 2 names mentioned together.
101827066OP bullrider_21: Well that is for you to find out. I only had a brief encounter with the CEO of SMI and representative of The9 3 years ago. Just some fun facts, the CEO of SMI used to be an executive chairman of Ce La Vi. If you dine in their place, their menu is on the high side but in return you get to meet a lot of HNW people who are always looking where to park their money. So I am not that surprised if this shares suddenly rocket to the moon in 1 or 2 days given the share capital is low and the share price is dirt cheap to their own associates or prospects.