OTCPK:JENGQ - Post by User
Comment by
Bullchart1on Aug 19, 2019 8:31pm
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Post# 30045000
RE:RE:RE:RE:Who is buying???
RE:RE:RE:RE:Who is buying???Don't disagree with you about a falling trend. All I was saying is you will see 2.75-3.25 again before this is over. Purely technical. Certainly many more out there with better value.
SlickRick40 wrote: Bullchart1 wrote: Those that sold and got burned, hate this stock and are hoping it will fail and go under. Simple as that.
A minimum move back to 2.75-3.25 technically will likely happen this week or next.
StormyD wrote: Possibly a potential buyer is scooping up shares on the cheap before finalizing their offer to buy. Just a guess on my part!
WRONG - those that sold still have some of their capital, while those that hold are being burned. The trend here is a falling share price for the past 13 years. Maybe you haven't noticed but prior to split, this stock was trading in the $30's. Split adjusted you could say it has fallen from $37 to $4. Nothing mysterious about the trend there.