Last Friday, iFresh Inc. traded roughly 3xs it's normal volume (Avg 1 mill / Friday 4 mill) so that tells me it's most likely in play and will either open further north, or open to a massive selloff. There's no telling but I'm hoping to maybe get in on a morning panic or find a bottom/pattern on this one.
I'm also tracking a lot of short interest on Friday, so they're circling, waiting.
What's also important is they've been throwing out good news left and right it seems. They announced a new CFO and they're building new stores. That's a good sign. They were strategic in their real estate with their stores as it adheres to a large Asian culture/community involving lots of fresh seafood and vegetables. New store opened in North Miami.
This stock for sure has my attention and shows potential mid-long term growth as well. We'll see...
-Cajun
That one's on my radar too. My personal watchlist for tomorrow includes: NAT, IBIO, GME, SWN, IFMK
Look at IFMK! Gapped up today! Patience pays off! Clearly I'm impatient because I'm not holding any shares of IFMK at the moment.
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