Yeah whatever happened to luckin coffee? I think I got stopped out trying to buy a bounce after the big drop
It hit $15 or $16 last time I looked, pumpers been promoting it since $2. Bloomberg has Education stocks indicated ten to thirty percent down for Monday. How can we trust China stocks? So mad I sold the TAL $20 puts!
TAL down -$2.00 GOTU is $2(I tried sharing this could happen on all the Sino Education stocks and the kids laughed on the Robin and pump sites). GSX
Soon all these stocks go up again like a crazy ... It's all Market makers playground, has not much to do with china
Wait till China pulls them off US exchanges and they re-list on the Hong Kong exchange and then buy the dip. China has more Unicorns and more potential major technology plays than USA will ever hope to have. 40% of US tech valuation comes from China, Taiwan, S Korea etc...based firms (As Cathie found out, US has a few monopolies like Amazon, NVDA, Google and Tesla but after that market is an empty shell) . Once China kicks Tesla and Apple from selling in China, it will be even worse
I bought the BABA $180s puts, just sold at $5.30 after riding the best Chinese stock down $4 points. I don't trust DIDI, everyone thought GOTU and TAL were cheap at $20, what is China's end game?
I saw a lot of BABA, DIDI, GOTU,KWEB, PDD, TAL, TME and VIPS style promoting on various sites and chats. BABA, DIDI, Tencent and TME look interesting. Than again I thought DIDI was cool at $11, TME $12. No idea how to value them. https://www.zerohedge.com/markets/d...-chinese-stocks-just-plunge-protectors-arrive
I believe that Chinese market is underrated by the western investors. From my perspective, there are plenty of opportunities in Chinese stocks like Alibaba, Didi, PingAn, etc. I see Chinese stocks as quite reliable investments but their prospects are much brighter than the potential profit from American stocks because China is a developing country which implies that there are more risks out there/ Surely, I cannot but agree with the fact that Chinese companies are less stable than American ones, but they are not as suspicious as Brazilian market, for example, where every moment default may happen. Surely, you'd better take some time and study Chinese market carefully in order to know how this market behaves, but, I believe, the game is worth the candles.