Xiia
04-10

$Sea Ltd(SE)$ Looks like SE should consolidate mid 50’s before next move up

Quick run up to 63 was overextended

I do think the company would be wise to come out with a 10 million share 1 year buyback authorization- it would help put in the floor here. However, whether a buyback is the best use of company funds depends on various factors such as the company's financial health, growth prospects, and alternative investment opportunities. It's also important to assess whether the company has the necessary cash reserves or borrowing capacity to fund the buyback without jeopardizing its operations or future growth initiatives.

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
1