Hi, mooers!
$Taiwan Semiconductor (TSM.US)$ is releasing its Q3 2024 earnings on October 17 before the bell. Unlock insights with TSM Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q2 2024 earnings release, shares of $Taiwan Semiconductor (TSM.US)$ have seen an increase of 11.42%.How will the market react to the upcoming results? Make your guess now!
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● An equal share of 5,000 ...

Morning traders, it is a stormy, humid day on Wednesday, July 17th in JC, and the tech market feels it too.
$NVIDIA (NVDA.US)$ fell 5% after a Bloomberg report that President Biden considered punishing chipmakers if they kept trading chips to China.
My name is Kevin Travers, and here are stories from the moomoo herd on Wall Street today.
Within industries tracked by moomoo, Nvidia led the way for a major pullback ...

Stocks falling by 50%, are they cheap?
Since I first started dealing with stocks, the investors around me have been buying stocks with the concept that the lower the stock price falls, the cheaper it becomes. They say that when the stock price drops significantly, it's actually a big sale! It's time to shop...
But this strategy doesn't work for every stock, and it can even be a risky move for most people.
Because the percentage of decrease and increase are not directly proportional, a 50% decrease requires a 100% increase to break even. Buying a stock at RM1 that falls to RM 0.5 is only a 50% decrease, but going from RM 0.5 to RM 1 requires a 100% increase. If you keep buying into a stock that keeps dropping in price, your wealth will keep shrinking.
Take a look at today's $Sea (SE.US)$ - The parent company of the well-known Shopee in Malaysia, the stock price fell by 28% on performance day today, dropping 89% from its peak, which means it would need about a 900% increase to reach the highest point from this price level.
Many investors consider a 50% drop as cheap, with another potential 50% decline, and then a possibility of another 100% decrease - attached is a chart from my slides for reference, dropping 50% from point A to B, another 50% from point B to C, and a further 56% drop from point C to D.
Stock prices can drop by 80% and still have the potential to drop another 100% from that point, not just remaining at 20%....
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Do you guys think $Tesla (TSLA.US)$ is going to buy back shares before 2023?