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$Tencent Music (TME.US)$ hey anyone bought this at $20 and ...
$Tencent Music (TME.US)$ hey anyone bought this at $20 and still holding. i bought and i didnt follow... gosh now it is so low at 5.3... how , man?
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Jeff Boyd : I'm sitting on a loss too. Lots of negative developments. (1) PRC said they couldn't keeep exclusivity on music catalog, (2) business stopped growing and competition growing, (3) it was in a bubble, and last but not least, (4) China discount. Sad part is, I still don't think it is cheap; reasonable but not cheap.
Jeff Boyd Jeff Boyd : One caveat; it is cheap compared to $NETEASE MUSIC (09899.HK)$
astabrin OP Jeff Boyd : i think it is at its lowest ...