200 target, 1 way ticket to drop
$Sea (SE.US)$ No profitability path n gaming sector income shrink to cover the losses. Bigger n bigger losses every quarter.
CCP are cracking down on gaming sectors. No sight of pausing as Xi leadership continues.
Main income flow cut... Capital running out and issue new share capital raising recently.
More share on market good for short.
No capital announcement that available to buy back stocks if pricing collapse.
Overvalued n burning, best target to short.
200 target
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moooooo af : But this is not a China stock?
Path To Wisdom OP moooooo af : Just share why we short it when it announce new stock issue for capital raising.
The environment not favourable for this stocks that finalized.