$JD.com(JD)$ The JD situation

The JD situation is starting to unfold, with some investors beginning to go long on Pinduoduo $PDD Holdings Inc(PDD)$ while shorting JD. However, JD's strategy is to stabilize its stock and avoid declines because if it drops, it could trigger panic, making recovery difficult. Yet, the more JD tries to prop up its stock, the more opportunities it creates for others to short it.

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