$CMBC CAPITAL(01141)$  


@JC888  Hey bro I got scammed with a group who claimed to be Experts at HK Stock Market. I need your help bro to give your opinion on how low can this Stock go and how do I DCA the stock and when do you feel the Stock will rebound based on your expertise

# 💰Stocks to watch today?(5 August)

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  • JC888
    ·08-05 01:47
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    Hi, will be brief as there's limit to reply. CMBC is a HK-listed fin-svcs and investmt-banking company, not a bank. Incorporated in Bermuda & subsidiary of CMBC International, linked to China Minsheng Banking Corporation.
    5 yrs stock movement very volatile. Googled what I found "a high-risk, cyclical stock where performance can be strongly affected by HK capital-market activity, investment gains/losses, credit conditions & market sentiment. Do not DCA.
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  • Louisthefly
    ·08-05 09:17
    TOP
    what are they called
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    • daz999999999
      Chart Chasers - how do I bring down the perpetrators there 199 people in the Group
      08-05 16:40
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  • JC888
    ·08-05 01:53
    TOP
    Have you looked into the company's financial statements for at least past 4 quarters to see where their revenues come from ?  What does this company has to offer ?  If services only, what is the customer base size ?

    More importantly, take it mentally (for now) that money invested is not coming back.  Then decide if you want to hold on and see (& hope) that it will swing up to mitigate extent of losses.

    I don't follow HK market, unable to comment on market sentimentality and its trajectory. Apologies.
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  • daz999999999
    ·08-05 16:38
    TOP
    Average now 1.68 for me - do I hold on ? Or bite the bullet and sell at 0.9-1.3 ?
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  • Benny the Ball
    ·08-05 21:12
    I've bought them. I'm hanging on to them for now. They should go up as soon as the short seller are done. Will need to go up to 2.0 for me to get my money back.
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  • TwomeyHusky
    ·08-05 14:57
    Dca is terrible on this case.
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  • Lynnie1
    ·08-05 21:04
    From what I understand that it’s a cyclical stock and one needs to be patient.
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  • daz999999999
    ·08-05 15:37
    Chart Chasers
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