Friday, January 15, 2021

Expr stock: 120 million secured loan

 Jan. 15, 2021

Introduction

It is hard for me to invest on lowest price 0.90/ share, I only purchased 100 shares at price 0.90. On January 14, it went up $1.50 with 50 million shares. I like to write a short research report. 

EXPR stock

I should take some risk to purchase 20,000 shares of EXPR at price $0.90, so that I can have return over 40% and be able to sell for a profit. 

Sometimes it takes courage to figure out what is the risk. The market is so sentimental, there is no fundamental change, the price just went from $1.5 to 0.90/ share. 

A loan just made the price went up 50% in one day. 

I should think about again the risk and take chance next time. 




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