NVT: Explanation for 10 consecutive ceiling-hitting sessions
Ninh Van Bay Real Estate Joint Stock Company explained reasons making the stock peak at the ceiling prices for 10 consecutive trading days from February 29, 2012 to March 13, 2012 as follows:
- The market prices of NVT were lower than its true value in the previous time, but there was some information supporting the stock, and investors cared more about the stock and invested in NVT.
- Therefore, NVT increased for ten consecutive trading sessions, and these are out of the control of the Company.
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