Wednesday, March 1, 2017

Hatten Land - What's Going On?

What's going on in Hatten Land? The stock just plunged below the placement price of 0.28 and went to a low of 0.265. I can see many retailers selling and many of them were fearful of lower price to come. If I read the chart correctly, I expect lower prices because in the minute chart, the collections and market were not beautifully setup.

Look at the time and sales and you can find a plethora of useful information regarding the short term future price of Hatten Land. It could be because it's a RTO and not an IPO and hence there might be some lingering affect from it's previous predecessor VGO. Whatever it is, I am not touching this counter now until the next turning point.

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Ronald K - Market Psychologist - A Stock Market Opportunist