Vixenvixen
2022-04-15

I remember very clearly when I started averaging into $JD ADR. 

I do have both growth and large cap stocks in my portfolio. 

As we all know, China Stocks came crashing down,seemingly with no bottom in sight. 

Then, different narratives popped up on mainstream and some "online gurus". 

I took a step back from the charts and the balancesheet. 

I asked myself again, "what was my thesis investing into $JD in the first place?" 

"Did their fundamentals change?" 

"Did their business model change?" 

Nothing has changed except for the its stock price. I continue holding and adding $JD alongside some other ETFs and $PLTR.

I remember when JPM and some other critiques recently made a bold statement that "Chinese Stocksare un-investable". 

Next thing we know, Chinese stocks started bouncing up. Although it's still quite a distance from their ATH ($baba $jd). I fail to see why they are, quote, "un-investable".

Yes, anything is possible in this zero-sum game. However, I learnt that "a man's thrash is another man's treasure". 

Also, another reminder (you can call it learning) is, to never trust these so-called analysts. 

Markets are undeniably manipulated. However, do remember that Wall Street hates people who do notsell their stocks.

No sellers, no buyers. 

When majority calls it "thrash", it is an extremely good time to dig these "thrash" and the odds of being handsomely rewarded with time on your side is extremely favourable.

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

  • BellaFaraday
    2022-04-15
    BellaFaraday
    The darkest hour of Chinese ADRs is over.
    • Vixenvixen
      If it does fall further or consolidate. I’d still be adding to $JD & $BABA.
      Cheers! :)
  • BurnellStella
    2022-04-15
    BurnellStella
    Yes, don't take the analyst's word for it.
    • Vixenvixen
      They’re pretty good signals. Personally, i use their “analysis” inversely. Hahaha
  • PandoraHaggai
    2022-04-15
    PandoraHaggai
    Your experience is also mine.
  • ieatnsleep__
    2022-04-18
    ieatnsleep__
    good bottom to buy but be preppared for a long hold
    • Vixenvixen
      Well-prepared. Allocating to “do not touch”.
      Nonetheless, I’m in favour of allocating cash into DeFi Savings while the battle between the bulls and bears prolong.
      Cheers!
  • SFN
    2022-04-18
    SFN
    Well written
  • davloh
    2022-04-18
    davloh
    [Strong][Strong]
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