YNWIM
08-26

$PDD Holdings Inc(PDD)$ all the people “This will never see $100 again, never, ever! Next stop $200!”…one minute to the next.

What cracks me up is how people get upset.

I get the day gamblers that bet their rent at $150 hoping for a hit and pay their planet fitness membership.

But investors gotta be loving this day, especially if you’ve been waiting and hoping for a pullback. You just got a 25% snap in a day…[Happy][Happy][Happy][Grin][Grin][Grin]

PDD Drops 30%: Would You Buy PDD or BABA at $80?
Pinduoduo's stock dropped over 30% after releasing its earnings report. Although the adjusted net profit reached ¥34.432 billion, exceeding market expectations, several other key revenue metrics fell short. For example, operating revenue was ¥97.06 billion, below the market expectation of ¥99.985 billion; online marketing services and other revenues were ¥49.116 billion, lower than the expected ¥50.496 billion. ------------- Is it a bear trap or a bargain opportunity? What's the bottom for PDD? What's your target price? Alibaba vs. Pinduoduo: What's your pick?
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

  • Toby_Chua
    08-27
    Toby_Chua
    Beware of further bashing by Ang Mo funds
  • williamx85
    08-27
    williamx85

    Great article, would you like to share it?

  • LiverpoolRed
    08-27
    LiverpoolRed
    ok
  • Sonsonkok
    08-27
    Sonsonkok

    Great article, would you like to share it?

  • BOBBY0220
    08-27
    BOBBY0220
    Great article, would you like to share it?
  • TerenceD
    08-27
    TerenceD

    [Smile]  

Leave a comment
6
686