ATV Stock Forecast

Acorn International is a leading integrated multi-platform marketing company in China, operating China’s largest TV direct sales business in terms of revenues and TV air time and a nationwide off-TV distribution network. The company was given a strongly bullish 14 day rating by the I Know First stock-trading algorithm, on October 30th. Amazingly 14 days after the stock rose by a whopping 2723.52%.

They recently announced that there will be a change of the ratio of its American depositary shares (“ADSs”) to ordinary shares. The announcement is to be effective after november 30th, 2015. Moreover, the recent managermail change in the company also helps to shed light on the recent surge in stock prices of the company. The shareholders  re-elect Mr. William Liang as a director of the Company while removing  Ms. Lynda Lau as a director of the Company.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.