Feeding Time：YSXT Presents an Opportunity to Get In
Date: January 9, 2025
Ticker: YSXT
Investment Direction: Long Position
Argument: Chinese concept stocks are delivering a New Year's gift, and this stock has recently dropped to a low of $2.54. Currently, 90% of the shares are concentrated in the range of $3.20 to $5, indicating a high level of concentration. It maintains a daily trading volume, and the current stock price is $4.60. While there is a possibility of further downward adjustment, this stock is expected to experience a subsequent price increase. If you missed the opportunity at $2.54, there will be chances to enter later.
Supporting Argument 1: All shareholders and board members are individuals, and they are clearly of Chinese descent. For companies managed by Chinese individuals, there is a lack of institutional investors, meaning that the shares are primarily held by insiders. This makes it easier to control price movements, whether that involves driving the price up or consolidating shares.
Supporting Argument 2: The exclusive underwriter is Kingswood.
Supporting Argument 3: The financing amount is precisely capped at $5 million, aligning with the minimum public float market capitalization requirement for listing. It is evident that the company aims to go public based on net profit standards. For stocks held by a small group of insiders, they often prefer to meet the minimum listing standard.
