$Sea Ltd(SE)$why the down trend you ask? Look at Haidilao, it's the same reason. Expansion leads to higher operation cost. Higher cost to catch market share just like Grab. Then banning of FreeFire leads to reduction in income and MAU. Investors have lost theit faith. Wakeup if you still trying to HODL.
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.
- Hilliton324·2022-03-05What you said has a certain truth. The wrong decision of the company will attack the information of investors. However, I am still optimistic about the development of this company in the future.1Report