The Jingfeng incident reminds me of Hongbo last year, which went up tenfold. At the high point, regulators kept issuing warnings every day, and we were all very emotional and resistant. Later, when we calmed down and thought about it, the regulators were just doing their job. If we had sold Hongbo at over 40 yuan back then as the regulators suggested, we would have made a killing.

If Jingfeng continues to hit the limit down, it might really be a setup—just like Hongbo, preparing to sell the company to us retail investors. I think if it drops to the 60-day moving average, I might buy around 3 yuan. But if it really hits the 60-day line, I might not dare to buy, which would mean there’s a real bomb. So, it’s best if it stabilizes above 3 yuan. I plan to buy a little tomorrow to help out. The last time I bought a little, Hongtao got delisted—seems like whenever I buy small amounts, it never ends well. $*ST Jingfeng(SZ000908)$