Yuuzoo is in the current limelight with superbly high volume of traders actively trading this counter. Yesterday before halt, a bad news was in preparation in the making and when the halt lifted and when the news was released, the stock was down 12% because of an insanely audit issue. In fact, back on Monday when I saw observe and carefully monitored the stock, there were already signs of hidden selling and traders booking profits while retailers were chasing which prompted me to gave a bearish call.
http://stockmarketmindgames.blogspot.sg/2016/05/yuuzoo-good-news-good-stock.html
Soon after the next few days, the stock slowly degraded and the price were depressing.
http://stockmarketmindgames.blogspot.sg/2016/05/yuuzoo-top-4-fall.html
And the worse was yesterday when virtually there was no bottom floor when the stock hit rock bottom at 0.176
http://stockmarketmindgames.blogspot.sg/2016/05/yuuzoo-scary-seller-per-warned.html
At this moment, I am still bearish on Yuuzoo and hence staying out. This counter in my personal opinion is gone and it's not a good counter. There are some other better counters out there. Observe and watch and you will find one.
Ronald K - Market Psychologist - A Stock Market Opportunist
