Faris 8
2023-11-16
$Sea Ltd(SE)$ 

Downside is limited after the recent more than 20% price drop. All negative financial news related to the surprised loss in the recently released third-quarter results are already out, so no more new surprises. Also latest US inflation data indicates that there is unlikely more FED rates hike. Just perhaps the current interest rate might stay at this elevated level throughout 2024. In my humble opinion, it will be good to slowly accumulate this counter at current price which is close its 52 weeks low. Happy investing  [Cool]  

Is Sea still worth investing or not?
Sea plunged more than 20% after disclosing a surprising net loss in its Q3 results. But it rebounded 7% yesterday. Some investors think that Sea is repeating the trend of last earnings. ----------------------- How do you view the roller coaster ride of Sea? Is Sea still worth investing in? Are you a bagholder or not?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment