How does a stock go from $500 to $900 in 3 days on 110K volume total? It has 13 million shares outstanding so the insiders probably own it all and it's just another Chinese PnD. Traditional Chinese Medicine is going to be used to cure Autism? I'm sure it is. From Schwab summary section: Regencell Bioscience Holdings Limited operates as a Traditional Chinese medicine (TCM) bioscience company in Hong Kong. The company focuses on the research, development, and commercialization of TCM for the treatment of neurocognitive disorders and degeneration, primarily for attention deficit hyperactivity disorder and autism spectrum disorder. Regencell Bioscience Holdings Limited was incorporated in 2014 and is headquartered in Causeway Bay, Hong Kong.
ha. the thing trades by appointment. the last print was mine for 200 shares. i had to cross the bid offer of 40 dollars.
Insider Own 93.84% Good strategy would be to find similar stocks and automate FOMO messages on wallstreetbets twitter, stocktwits, ...
You never know. Maybe they can monetize the placebo effect? Traditional/natural supplements and therapy are popular. Just show us the money.
I dont think the split is driving the price. Theres no liquidity and no float. As of 5 months ago, the available market cap was like 3 million dollars. now it's like 700. Who knows whats going on. I think it's a race of this should be down 98% vs paying like 2%/day in borrow.
The message states: "The contract is not available for short sale." If the reason were simply that there are no more shares available to borrow, a different message would be displayed.
Thats not what it says. It says "This contract will be available for short sale if the shares can be located".