I sold at a lost of 5k
$Serve Robotics (SERV.US)$ Serve Robotics' shares have been dropping due to various factors, including its high valuation and limited revenue growth ¹ ² ³ ⁴. Despite Nvidia's 10% ownership stake in the company, Serve Robotics' stock price has fallen significantly ¹ ² ⁴. The company's revenue growth has been slow, with only $207,545 in revenue in 2023, and it has reported net losses of $21.9 million in 2022 and $24.8 million in 2023 ³ ⁴. Additionally, Serve Robotics faces challenges in scaling up its production and deployment of robots, which has led to concerns about its ability to achieve profitability ⁴.
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103775419 : i lost a lot too
waiting to hit back at 16.55 margin for me...
103775419 : what will you do now?
lucaspan OP 103775419 : I sold cos I don't think this serve will goes up cos revenue in 2023 only 200k plus but operating cost in millions in 2022 n 2023 so it means even in 2024 I don't think u they can recover the lost
103775419 lucaspan OP :
but what if i sell now and the market jumps back up on monday...
开心就好大家一起发吧 : I'm the worst. You guys are much better than me, because I bought it from the highest point of 24 yuan. How can I know if it keeps falling
. It will take some time for him to rise. Maintaining is a victory. Don't be discouraged and wait; I also lost more than 2,000 US dollars