Xpev will go up, very soon.

dropppie
2021-07-02

I assume this is an arbitrage issue, with the large funds/ investment banks. Here is what I think they are doing or have done.. They bought large positions for upcoming hong kong listing. Price under 43 per ADR, These HK common shares are convertible to ADRS here in USA at 2 to 1 ratio. So know they own millions of shares in HK, at a lower price than here. they short here. drive it down, knowing they can cover ( if needed) with their HK shares. in essence selling high and buying low. So in essence they/ investment banks and funds, heavily shorted today. I expect once HK starts trading on the 7th, shares will spike. This is a short term issue. Xpev will go up, very soon. Just stay, long and let the greedy manipulators do there thing. We cant do anything until the 7th. Then pile in and make them pay!!$XPeng Inc.(XPEV)$

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Comments

  • 785bfcf1
    2021-07-02
    785bfcf1
    at 2 to 1 ratio? means at equal value of up and down?
  • 785bfcf1
    2021-07-02
    785bfcf1
    isit up and down price in HK will be the same in NYSE? so we do not need to buy the shares in HK?
  • 小Q椰子酱
    2021-07-02
    小Q椰子酱
    value investors just hold
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