Just my personal opinion. If investors are optimistic about Xiaomi, a leading force among emerging companies, and believe its stock price will soon exceed HKD $50, there’s no need to worry. You can’t get a good entry price if the stock keeps going up. Now that some institutions are willing to use real money to suppress the price, it’s the perfect opportunity to buy at a price you find reasonable. Short sellers are essentially giving you a chance to pick up cheaper shares without spending a dime. For small investors, it’s easy to move in and out, so why not go with the flow?
MiddasHBK : Investors' view are being clouded by the worsening macroeconomic situation in China. Do you think a further correction is needed before the company looks attractive? Maybe
AlienEye OP MiddasHBK : The global economy, not just China, is generally showing signs of a macroeconomic slowdown. However, on a micro level, Xiaomi, as an emerging force in China’s economy, is still in its orderly growth phase and hasn’t yet reached its peak. Compared to companies that have already passed their prime, aren’t these young, growing companies exactly the kind of targets we should be investing in? By riding the wave of their growth and watching their performance blossom, we get to enjoy the ride.
Trebor : We are mainly the short fish within the pond.
When major institutions sell, they mass sell.
U just have to pick and call it, be it little or more profit, before getting stuck.
Alster : Close at 33, good sign of recovery