Shares & Derivatives
BEST WORLD STOCK: LESSON FOR GROWTH INVESTORS
By Singapore Stocks Investing (SSI)  •  August 21, 2017
BEST WORLD STOCK managed to rally up by 15.5% on 18 Aug 2017 as the management of Best World International scooped up its share which have headed south ever since news of China cracking down on MLM and pyramid schemes of selling. Let us just recall the depth of dive for Best World stock. On 14 Aug 2017, Best World stock closed at $1.54, after the China-related news, the stock reached an intra-day low of $0.95 on 18 Aug 2017 before closing higher at $1.195 for the day. The China-related news has hence caused Best World stock to go as low by 20% over last week. Best World stock has always been described as a multi-bagging growth stock owing to the fact that its stock price managed to jump multi-fold, especially since the company announced of its expansion plans in China. Growth stocks like Best World ......
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By Singapore Stocks Investing (SSI)
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