How about them Chinese Stocks? TAL, GOTU, DIDI.

Dam, was too impatient on TAL and GOTU, Chinese hooking up Shorts.

 

Buy the dip and see if it works?.....

 

I like buying strong stocks, learned my lesson with BABA and DIDI taking little loss. I had the $25 and $20 puts on TAL, furious did not hold.

 

Oh my God, seriously I was kidding.......glad u didn't average in.

 

LOL.

Here is all anyone needs to know about Chinese stocks: AVOID. I don't care what the chart or the "fundamentals" look like - it's a mirage.

 

I was saved by Muddy Waters long ago with Sino Paper, should have avoided them long ago!

 

In 2013 or 14 analysts defend SinoPaper until Block proved there were no assets or revenue only think smoke,

 

All the Chinese companies were already in the SEC's doghouse and now the Chinese government has also put them on blast. That's what's causing the precipitous drop in all of them today.

 

These stocks are down based on anticipated bad news that china going to act on them ... But if that doesn't happen RLX, GOTU .. are going to shoot up like a crazy, and your only chance of buying is small pullback

 

Bought some 7/30 9 strike weekly calls ($0.35) on DIDI -- just as a flyer.

Amazing that this stock has dropped from $18 to $8 in a few weeks. It has to be the worst IPO in history.