I opened 555.0 share(s)
$JD.com(JD)$ ,
With JD's strong financial position, current pull back in price is a perfect entry point.
Current earnings growth and economic climate is nothing to shout about. However, the company seems to be well positioned to maximise its advantage in the coming year ahead.
Political climate will always be a wild card but there is a glimpse of light ahead in the economic arena.
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Comments
Probably bought around $40 and I got out around $30ish, couldn’t stomach the rate this thing was selling off.
I should’ve used a stop. It was a tiny position, but bad choice.
Yeah, a stop would have been appropriate, but JD's underperformance was stunning