$XIAOMI-W (01810.HK)$ Does anyone think after this drop is i...
$XIAOMI-W (01810.HK)$
Does anyone think after this drop is it good time to buy more. I believe this is terrible oversold too. holding on to a unrealized lost of 47% now . Damn it
Does anyone think after this drop is it good time to buy more. I believe this is terrible oversold too. holding on to a unrealized lost of 47% now . Damn it
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70155773 : No
DC DC : same lost of 47% here![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Musicworm321 : You should have bought 1M shares yesterday.
lexces OP Musicworm321 : Haha if only I knew that drop is last drop I would have bought. Let’s see if today it goes up again or not
Neil P : it is never too late.. i guess 13 hk$ will be a good resistance level for this junk stock. Hopefully it will rebound from this level. Finger crossed!
styleomileo : It depends if u are investor or speculator.... Also, whether if u have position or not.
I would argue that if u are investor, it is a strong buy and accumulate. Each time it falls below value, buy some more and never sell. I would say fair value is 16, so the upside is still 30%...well, if next earnings show big growth and India issue resolved, it is once again undervalued even if it is 18
Polaristar : Dropping again this morning any idea?
lexces OP : Lol I think is volatile this few weeks. Expecting it to go up and down
maxlim Neil P : Why is it a junk stock? Can share your insight? Thank you in advance.
Neil P maxlim : I have been following this stock over a year, despite the company has managed to increase their market share globally and consistent revenue growth, stock price has tumbled a lot. One key reason can be, promoters wanted to get a share at a fair rate for buy back deal that happened in past 5-6 months or so.
Yes, agree that it is not fair to say Xiaomi a junk but the stock price hasn't been able to live as per the retail investors expectations in last 1 year or so.
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