I wonder how TA on that stock is working out now. After all, TA is the only thing that works, according to some people here.
Well, all Chinese stocks are dropping for similar reasons, which now became a trend, thus supporting TA Though I see TA guys continually stating: If it goes up above price $x then it will go up, while if it goes down then it will go down, unless it fails to break through and turns into a reversal.
Well this is what you get for investing in companies from autocratic regimes. People just don't get it. In countries with those autocratic regimes, EVERYTHING I mean EVERYTHING is owned by the government. Nothing that you have is ever owned by you. There is no such thing as private ownership. You think you own a house that you paid for, boom, tomorrow if the government wants to have it, it's theirs. Same as these companies, there is no such thing as "shareholders". It's wholly-owned, 100% owned by the government. The government is the only shareholder here. It's just a matter of time when the government wants to exercise their "shareholder's rights". And then all the money that you have poured in is GONE! In this case, this is the same as the Chinese government just reached into every single of the investors' pocket and confiscated all of the money that you have poured into these stocks. Let this be a lesson learned. Buy local! Invest local!
Buy local. Nuuuuthing outside your own town or city limits. Sell your car, cutoff your electricity and water. Live off of and in fact eat your grid.
EV Related stocks should go up, just secured lots of Afghan Minerals via deals setup with the Taliban, will they switch to capitalist or just buy more weapons and expand??
%% Good rebuke JSOP + seldom disagree with Mr Bass or Bass brothers; like most in TX, they tend to be good with a gun............................................................................................ AS far as fundamentals, ok have to consider that. I bought a local Chinese crowbar[yellow believe it or not ,LOL] Actually its quite a good local crowbar, so fundamentals can win also. ANY non US co maybe more risky.
Yeah good luck getting paid for the minerals that you mined dealing with the Taliban. LOL The Talibans!! These are people with machine guns and kill you in an instant if they don't get your way and you think you can profit from them??!! LOL