$Sea Ltd(SE)$ 

Downside is limited after the recent more than 20% price drop. All negative financial news related to the surprised loss in the recently released third-quarter results are already out, so no more new surprises. Also latest US inflation data indicates that there is unlikely more FED rates hike. Just perhaps the current interest rate might stay at this elevated level throughout 2024. In my humble opinion, it will be good to slowly accumulate this counter at current price which is close its 52 weeks low. Happy investing  [Cool]  

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet