YGMZ Plummets 60% as Delisting Looms: A Desperate Bid for Survival?

Summary
• MingZhu Logistics (YGMZ) faces Nasdaq delisting after failing to meet $1 bid price rule
• Intraday price plummets 60.85% to $0.022, hitting 52-week low of $0.0203
• Turnover surges 1,794% as liquidity dries up ahead of OTC transition

MingZhu Logistics’ stock has imploded on the heels of its delisting notice, with a 60.85% intraday drop to $0.022. The company’s failed appeal to Nasdaq and impending OTC transition have triggered a liquidity crisis, as shareholders brace for severely limited trading. With a 52-week range of $0.0203–$24.64 and a dynamic PE of -0.115, the stock’s technicals and fundamentals align with a catastrophic breakdown.

Regulatory Rejection and OTC Uncertainty Spark Catastrophic Sell-Off
Nasdaq’s denial of MingZhu Logistics’ appeal on December 10, 2025, triggered an immediate liquidity collapse. The company’s inability to meet the $1 bid price rule for 30 consecutive days—compounded by a prior Discretionary Panel Monitor disqualifying it from a 180-day cure period—left investors with no viable exit. The delisting notice, coupled with the company’s admission of OTC trading’s illiquidity risks, catalyzed a panic sell-off. Shareholders now face a binary choice: hold depreciating assets or absorb steep losses in a fragmented market.

Trucking Sector Mixed as Old Dominion Freight Gains 3.09%
While MingZhu Logistics’ delisting creates a vacuum in the trucking sector, Old Dominion Freight (ODFL) leads with a 3.09% intraday gain, reflecting divergent market sentiment. ODFL’s robust financials and compliance with listing rules contrast sharply with YGMZ’s regulatory woes. However, broader sector volatility remains muted, with no clear correlation between YGMZ’s collapse and peers’ performance.

Options and ETF Analysis: Navigating a High-Volatility Black Swan Scenario
• RSI: 3.83 (extreme oversold)
• MACD: -0.152 (bearish divergence), Signal Line: -0.0947
• Bollinger Bands: Lower bound at -0.543 (price near absolute floor)
• 200-day MA: $0.841 (price 97% below)

Technical indicators confirm a terminal bearish trend. With RSI at 3.83 and MACD histogram negative, YGMZ’s trajectory is unambiguous. Short-term traders should target key support levels at $0.0203 (52-week low) and $0.0265 (current bid). The absence of options liquidity and ETF exposure underscores the need for strict risk management. Aggressive short-sellers may consider OTC market participation, but execution risks remain prohibitive.

Backtest MingZhu Logistics Stock Performance
The iPath S&P 500 VIX Short-Term Futures ETN (YGMZ) experienced a significant intraday plunge of -61% from 2022 to the present date. However, the backtest data reveals that the 3-Day win rate is 45.44%, the 10-Day win rate is 42.95%, and the 30-Day win rate is 44.40%. This indicates that YGMZ has a higher probability of positive returns in the short term, even after the dramatic drop.

Final Call: YGMZ's Delisting Clock Ticks—Act Now or Exit the Stage
MingZhu Logistics’ delisting countdown has begun, with trading suspended on December 12. The stock’s 60.85% collapse and OTC liquidity risks render it a speculative relic. Investors should liquidate remaining positions before the Nasdaq closure, as OTC trading will likely exacerbate price discovery inefficiencies. Meanwhile, sector leader Old Dominion Freight (ODFL, +3.09%) offers a stark contrast in stability. For YGMZ, the only actionable insight is to cut exposure—this is not a trade, but a cautionary tale of regulatory non-compliance.