No doubt PDD is a strong funda

No doubt PDD is a strong fundamental company but it recent result consequence a pull back. it May continue to drop or hang around $90-$100 forwhile. Should proceed to entry if it drops further and wait for the rebounce.

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?

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