I’m long in a lot of Chinese stocks. But I think that the fear, uncertainty and doubt is not over yet. But anyway, let’s see where we are in 2 years time. Institutions will likely to get back into them. Tight regulation is good for the long term and Chinese companies overall.
Haters just keep hating. They hate to see industry disrupters. Elon Musk is the closest I can think of to Steve Jobs in terms of ambitious and courage to do the impossible possible.
$Alibaba(BABA)$People is gonna forget about this in about a year time. BABA is gonna be a cashcow generating billions. They could either buy back shares or institutions will buy into BABA again. Short term pain in tight regulation, mid-long term gains. I could see BABA back to 200 easily next year. Transfer of wealth from the impatient to patient.
$Alibaba(BABA)$You can’t go anymore lower. How can Alibaba revenue USD100+billion/year be going so low in share price. Institutions will snap them up like crocodiles. Delicious cash making cow!
Don’t wanna pour cold water on DIDI. I just buy asmall bit for fun. But i also think they could be doing too much on everything that might hurt their profit. Ride hailing, Financing, Food delivery, Logistics etc etc. Fighting market share with other bigger boys with a portion of their wallet, could end up burning more cash.
China's Didi to be added to FTSE's equity indexes on July 8
Suddenly GameStop not gonna plunge 50% or more? Hahahaha. So you (Motley) are getting paid to cause more fear on AMC? Seems like AMC is hitting the shorts hedgies wallet harder than I thought.
When restriction is off and people start going cinema, it will be a catalyst to push AMC up. I agreeAMC valuation doesn’t make sense, but FI/Hedgies playing dirty should not happen too.
3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%