This stock is in pre take off mode. It is fighting that $3.00 barrier again but the news that will be coming will force this higher. You can see what is happening now one month before the supposed rate increase. If they do raise the rates a dollar per month, that would mean, with 106 million subs (excluding new trial members) that would mean $106 million per month or $318 million per quarter. I just wish this company would let everyone know how Asia, Canada and the USA subscriptions are going. If they averaged 102 million subs and ended with 106 million subs on September 30th, that would tell you that sign ups continued thru the entire quarter and now with another 2 months, I wonder what the total subs are now?
Could they average 108 million if they end up December 31 with 110 million?
Too bad we will not find out until February.
A little over one year ago I said this was a 3 year hold. Now with 23 months left, I think that can be dropped down to a 15-18 month hold and maybe less than that when the new rates come into effect. You should be loading up on any price below $3.00. I bought all the way from $3.08 to $3.04, $2.98, $275, $2.34, $1.99 and $1.75. At $3.10 I have about 80%-85% of my shares in the green.$iQiyi Inc.(IQ)$
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