$JOLIMARK(02028.HK) plummeted -24% in a single day. Looking at the news, there's no substantial negative catalyst at all. It's just a micro-cap stock with extremely poor liquidity, revealing its true nature after a speculative rally. The printer business itself has weak growth and high debt, typical of a small-cap shell company. There's no logic when it rises, and no reason is needed when it falls. If you're really holding it, stop-loss discipline is more important than anything else. Don't expect it to fall to any valuable level 😵
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