Tuesday, August 15, 2017

Best World - Selling Like Hot Cakes

Heavy sell down in Best World at the moment. Herbalife and Nu SKin tanked on MLM crack down in China after the death of 2 young men. It inadvertently affected Best World because they are also doing the MLM business. Millions of $ was wiped and shares were being sold down with sheer force of volume and sellers. Dragon^, another stock also suffered some flushing with the share price dropping substantially as predicted yesterday.


$$ can made made but unfortunately CFD doesn't allow shorting of this stock or I would have send a Whatsapp. It's the best stock to short an trade today with superb returns. Best World is long due for this sell down but it was unfortunate that there was no scripts for shorting. Moving on to another counter for a better opportunity.

Ronald K - Market Psychologist - A Stock Market Opportunist