mizzmo
2022-12-07

No one is taking over this company. Fact is its a rediculous multiple for this market. They have cash and will continue to buy back shares and manipulate the price. I bet they buy twice the puts for each share they buy. One thing I havent dug into because its not worth the time, is if its true that their expansion into other countries is in fact a seperate subsidery and not benefitting shareholderrs. I read somewhere its seperate and was just the additional red flag to me that I needed to dump back at $7. Fact is this is just a maniuplated stock that wont see any real growth aside from pump and dumps. These guys burn cash and I wouldnt be surprised if that cash burn went into the subsidery for its expansion that shareholders get nothing out of. Don't quote me but there are a lot of write ups in the chinese papers about this company. Balance sheet was already sus but the peices seem to be coming together.$RLX Technology(RLX)$

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