$PDD Holdings (PDD.US)$ The fxxking leadership team even sai...
$PDD Holdings (PDD.US)$ The fxxking leadership team even said they have trouble making better sales ?? WTH is this ? Intentional push down it's own price ??? $JD.com (JD.US)$ $Alibaba (BABA.US)$
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Ineedtosleep : push down then they buy...
ShortSofito6 Ineedtosleep : Kneel
Mr Careful : pdd market share is slowly eroded by baba and jd. the business model to be the cheapest is no longer viable when all ur competitors copy ur strategy. need to have some real competitive edge such as strong logistics to survive the competition. pdd will be gradually displaced by baba and jd
Btan : It shows that baba is still king. PDD is just a one trick pony
lllllllllll : I like how positive u guys still.. I will continue short baba
Thelord Btan : Pootpoot cut loss with huge losses and then it dumped
Btan Thelord : Baba is quite resilient this time compared to when PDD jumped last quarter. Shows that baba will come back to take the crown soon
Mr Careful Btan : pdd has underinvested in itself over the past few years. now this is coming back to haunt it.
Thelord Btan : Last time a lot of Wall Street analysts were touting the pair trade of buying PDD and shorting Baba. Now PDD has fallen, I wonder why Baba is still not rocketing
Btan Thelord : It is an excuse by markets to short Baba. Wait till when stock connect happens
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