If People want to sell the company off 20% from a discounted placement before the CFDA approval..be my guest.
If that plays out, I can only be grateful. That will allow me to slid into another 100k shares. Last time it was there, it basically blew out over 30%. Traders will be looking for that and that is why it might bounce before that mark. Some will want to start accumulating before the chart price target.
The company is in better shape every day and we don’t know when the CFDA hits. I am also assuming they will announce more deals. If people keep ignoring the positive feeder news and they secure the CFDA, the price action might be aggressive to make up for the lacklustre performance on positive news.
It will definitely bring new larger buyers. Let’s see what happens,
WHA Price at posting:
$1.02 Sentiment: Buy Disclosure: Held