Saipa Opens Non-Lottery Registration for Quick, Aria and Pars Nova from Sunday, August 23; Its Stock Hits a One-Year High on a Seventh Straight Up Session

Saipa is opening four cars to regular applicants this Sunday, without any lottery at all. Applicants who missed out in Saipa's earlier rounds are finally getting their turn. Registration opens at ten in the morning on Sunday, through Saipa's own registration site. The last trade hit the daily ceiling at six hundred twenty nine rials, a fresh one year high. By law, half of automakers capacity goes to mothers with two or more children. Saipa's stock on the Tehran exchange has been climbing steadily these past few weeks. A month ago this stock traded around four hundred seventy three rials, now it is at six hundred twenty six. That price sits almost exactly at the top of the stock's one year range. That same day, retail investors bought slightly more of this stock than institutions did. But the company is still losing money by its latest financial statement, and prices remain non final. Here is the main point. This is a capacity opening, not a guaranteed purchase or a guaranteed rally. Full story on Sahmino dot com. What is your prediction, will demand this round be higher or lower?