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This is the price movement over a month.
Lowest Price on 25 Nov 09: $2.23
Highest Price on 11 Dec 09: $2.75
Lowest Price on 20 Jan 10: $2.35
Is this an example for short term speculation play? For those who had bought at $2.75 and hold it till now must be very nervous now, seeing his stocks falling about 19%. So at what price will it stop falling? Nobody will know.
As mentioned in my post "Investor, Traders and Speculators Charts", identify which types of chart a stock is currently in can save you a lot money.
ChinaFish is another stock to be careful of if you have intention to buy it now.
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