KMR: Explanation for peaking at the ceiling price
An Pha Petroleum Group Joint Stock Company has explained about peaking at the ceiling price in 10 consecutive trading sessions from April 25, 2012 to May 10, 2012 as follows:
- After KMR stock decrease price continuously, now KMR stocks increase back and the market prices of KMR were lower than its true value and investors cared more about the stock and invested in KMR. The fluctuation of market price of KMRstock obeys the law of supply and demand. This is out of control of the company
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