$PING AN(02318)$ The 8% dividend is damm enticing for long term investors. Sep and Oct usually see lows, but overseas investors may rotate into China given its attractive valuation the next couple of months. I am buying some longer dated calls first. What are your strategies?
$Beyond Meat, Inc.(BYND)$ Frankly, when even their raw ingredients suppliers stopped taking about plant-based, you should know where this fad is heading. Good luck to all that are still holding on to this π«‘
$Pinduoduo Inc.(PDD)$ The company will likely continue to grow regardless of whether we enter a recession or not. If we do enter a recession, it will likely stand tall as compared to its peers, since consumers are likely to hunt for cheaper daily neccessities, which is an area PDD shines. Key risk will be geo-political tensions that may cause some uncertainty in Temu app in the US. Top of watchlist for now.
To lose $6.05 per share when it is trading around $7.36 is just wow π³ A result like this would have battered any other stock on any given day, yet they are soaring in pre-market....pretty much sums up crypto for you.
$Tesla Motors(TSLA)$ Another 50% down seems about right....competitions are getting stronger and better, and there's no moat in their business model at all. How they are even valued at this price is just beyond me...
How many times have these jokers been wrong π€ Sometimes I really wish there are laws in place to forbid them from buying stocks that they publicly downgrade and vice versa
$Beyond Meat, Inc.(BYND)$ Absolutely no reason why this stock is popping at 25% today, having missed everything, including guidance. Seems like the same group manipulating AMTD are at it again, given there is almost no chance of shorting both stocks (93% short interest rate while AMTD isn't shortable...)
$Pinduoduo Inc.(PDD)$This has very little business exposure outside of China, if any. Probably a good time to accumulate after the next round of sell-off?
$Posco(PKX)$ This looks so so tempting. Looking back at the last 2 down trends, the one that started in 2011 lasted a good 4 years, while the most recent one which started in Feb 2018 lasted till April 2020 (share price was saved by Covid-19 I would say). We are now 13 months into the current downtrend, but still, not much signal that things will turnaround soon. What's your take on this?