Mango Labs founder: Having invested in Changxin Technology, it is a rare 1:5 betting opportunity
Mango Labs founder @dov_wo expressed market views stating, "I have gone long on Changxin Technology. In my opinion, Changxin presents a rare 1:5 betting opportunity with a 20% downside and a 100% upside, risking one to gain five."
@dov_wo listed the reasons for being bullish as follows: low circulation ratio, regulatory intervention, and institutions optimistic about its investment opportunities below a market value of 3 trillion. The suggested strategy is "if it opens high tomorrow, directly close the position to take profit; if it opens low and rises, patiently wait, and resolve the battle within 3 days."
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