Don’t listen to mainstream media FUD

breezyk
2021-09-10

$DiDi Global Inc.(DIDI)$ Many investors shun the stocks fearing delisting. Well, I plunged head first into Luckin Coffee when it got delisted last year (yeah it’s that coffee company that cooked their books). It went went under $2 from their peak at $50. Mainstream media love the negative story: Litigation cases, bankruptcy, all the FUDs you can think of. The company fired the management and went through a lot of pain restructuring debt and now 18 months later, it is a $16 stock. Lesson learnt: don’t listen to mainstream media FUD. Do your DD. Buy and hold for at least 12 months. DIDI app will be back soon and everything will be good for us shareholders of the largest ride hailing company on the planet.$Luckin Coffee Inc.(LKNCY)$

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