Yangzijiang just continued to drop further and the stock just jammed where I posted earlier that I expect some news in the making soon. From the gap up to the distribution then to the sell down, it's all pre-planned and aligned with the overall market condition and also the shipping sector as a whole. The market is weak today and the banks started to sell down where it's giving some signal that don't buy this market but trade this market instead. There are no real trends now and no real buyers coming in and it might be all short covering. I will be waiting for the news in Yangzijiang when it release. I am eager to know what's happening.
Ronald K - Market Psychologist - A Stock Market Opportunist
