wheeheepoh
2023-11-07
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.

JD
11-07 22:34
USJD.com
SidePrice | FilledRealized P&L
Buy
Open
26.49
555
+31.87%
Holding
JD.com
Modified in.2023-11-08
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Comments

  • EmilyMark
    2023-11-09
    EmilyMark

    Probably bought around $40 and I got out around $30ish, couldn’t stomach the rate this thing was selling off.

    • wheeheepoh
      Oh yes, the drop was severe, I would say the most severe out of all the ADRs. Good opportunity to go in again if you're not keen on averaging down! I feel the entry price is quite critical for ADRs.
  • MatthewWalter
    2023-11-09
    MatthewWalter

    I should’ve used a stop. It was a tiny position, but bad choice.

    • wheeheepoh
      Tiny positions are the best for averaging down! That's if you've done your due diligence and believe in the company!
  • littlesweetie
    2023-11-09
    littlesweetie

    Yeah, a stop would have been appropriate, but JD's underperformance was stunning

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