Since YRD went public on Nasdaq, it's sales and revenue have skyrocketed. It’s Q2 2016, up 140% from the same quarter last year; also raised Q3 revenue forecasts. Last Friday, Shorters ignored the strong fundamental of YRD, use heavily margin to push the stock price down; but volume shrink dramatically and no much followers. as the stock price recovers and goes up, if it breaks resistant $33, will cause dramatic Short Squeeze, and YRD shares will drastically skyrocket up.
Submitted August 15, 2016 at 03:39AM by gmike228 http://ift.tt/2bhcm5I
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