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This stock was pushed up to 3.60 last November to lure people into buying, making them believe it would rise to 4.00. In the end, it turned out to be a trap.
Yes if it's 7 years and counting it means it is not just sentiment but structural.
Only the legendary Uncle Wong's picks where the ultimate conviction and belief has been validated time and again with rising share prices made after unmatched valuation techniques and unparalleled market insights.
As always if you follow Uncle you too can be a superinvestor it is free forever Uncle promise
The casino stock is beyond saving. The share price has crashed. People think the boss must be very upset, but it's the opposite. When the stock falls, the boss is happy because a huge amount of money has already gone into his pocket. Shareholders can't sell without taking a big loss, so it's like they've lent him their money to use.
