$Tesla (TSLA.US)$
lets gooo

$Sea (SE.US)$ Anyone here know if the SEA offering is actually a good thing? From my basic knowledge of how this all works, it seems the immediate term the stock is dropping because an offering would de-value the price of each stock. But in the long term, 11 billion in cash would help push forward with their already rapid expansion into new markets like Latin America. Is this an accurate assessment?

$Sea (SE.US)$ Sea aims to raise US$6.3 billion in the largest equity offering of the year, a deal that will propel a global expansion and acquisitions for Southeast Asia’s largest company.
The online gaming and e-commerce firm backed by Tencent Holdings Ltd. is offering 11 million shares, a stake worth about US$3.8 billion at Wednesday’s close. It also intends to issue US$2.5 billion of equity-linked debt. Sea, which has risen more than 70% this year, fell in post-marketing trading in New York
this is issuing new shares 11m x $343 =3773 M or 3.8B fund..
so share price will be diluted with more shares.
currently sea has 531.97M outstanding shares. so 11/531.97 = 2% adjustment on stock price.
yst sea closed at $343.8 around 2% drop.
so later will sea drop another 2% just for this new share issuance?
then plus market sentiment with hk tencent dropped -8.48% today, will sea drop affected at least 3% (25% sea owned by tencent)?
if add together then it will drop 5% today when open?

$TENCENT (00700.HK)$ tencent HK rebounded all losses n edged further.. open 462 then lowest 447 then mid day 458 and now 474 +1.8%... if count fr 447 to 474 thats +6% 😅
buy the dip works or dca or just chill works?

$Tesla (TSLA.US)$ i wan 10x!!!