This morning’s statement is just a preliminary thing…
We all Chinese, right? then we all should know that Chinese likes to deny first, that means even there is a problem of the company’s inventory, if they intentionally wants to deny… you think anyone can find out the truth in such a short time? And don’t forget this is a newly IPO, and SEC can do nothing within 12 months, plus all the insiders haven’t got a chance to sell a single share yet!
Mark this down: before the lock period ends… it will continue pump up to 118! This is not TA, not FA, but common sense!
I said before: everyone knows he should “buy low sell high”, but when the low really comes, no one buys it… haha!