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After careful study of the company and its recent news, I’m ...

After careful study of the company and its recent news, I’m convinced that $瑞幸咖啡 (LK.US)$ will move back to its previous trading range in the next few weeks, and could hit the $10/share mark sometime next week. As always, do your own DD, buy as a former hedge fund manager, I rate this stock as a Strong Buy and have a price target of $28/share on it. Good hunting!
免责声明:社区由Moomoo Technologies Inc.提供,仅用于教育目的。 更多信息
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  • 70065450 : i doubt it, lawsuit coming soon with fines, how many time a company survive with this kind of scadal? it is good business model but the fact is they're not making money. you can buy coffee in McDonalds, starbux and mom and pop shop!

  • 70065450 : as matter of fact, most comment in china i read why they drink lk coffee because it is giving for free, they aint making money since 2019 what u think they going making money in 2020 look at how china economy start it?

  • Trader-101 70065450 : after you been doing this awhile you'll realize every company has lawsuits coming scroll through any company that's dropped more than 20% in a day and you'll see the little maggots warm with class actions most of them never go anywhere

  • Trader-101 70065450 : were you aware that China is one of the largest consumers of tea they don't drink a lot of coffee but they love t luckin coffee as already announced secondary division of their company being launched that caters to their tea market with the revenue they made off of luckin coffee it's going to expand their new venture which is going to be 10 times more profitable

  • Trader-101 : but I'm with you a thousand percent people are blind if they don't see the opportunity here

  • Trader-101 : sometimes I really feel like people talk their self out of making good trades and making money by listening to others most of the people that spread rumors are the ones that short stocks and they spread those rumors purposely to get the market to react the way they want and he comes with experience in time when you realize that you can't listen to anything you hear on the market or see do your own research find out the fundamentals financial capital capabilities of these companies when you know that then you can make choices based off facts instead of speculation

  • 70084266 楼主 70065450 : I’ve been doing this for over 32 years, successfully (I’m a retired trader & hedge fund manager), so I’ve been through this quite a few times, and they almost ALWAYS go back up if the news is like this & the company is large enough. I’ve also played against other Muddy Waters short “investigations” and only one tea  I resulted in the dissolution of the company (NQ Mobile) and evening that one bounced around for years before it finally went under. You do you, though. I’ll follow the large funds/tutes that were accumulating, yesterday. GL!

  • 70065450 : definitely independent thinking is the key! i been making lots of mistake lately jump in the trade that i don't know.

  • 70084266 楼主 70065450 : You’ll get better at it. It took me years before I started making real money. But we didn’t have social media or YouTube (we barely had the internet) back then.  We also didn’t have paper trading back then. I recommend using paper trades to develop your strategies and figure out what works best for you. I got wiped out several times when I first started, because I was using real money while learning, then I’d have to save up a few thousand dollars again and start over.  You also have a virtual bounty of information at your fingertips, so I would use it and study study study. I can remember staying up all night back then (much younger so I could do that back then), reading through SEC filings just to find my stock picks. I also read a lot of books on investing and trading. But it eventually paid off. Also, reading all of those SEC filings taught me a lot about how businesses and the entire system works (not to mention how to read all of the different filings!) Best of luck with your trades and good hunting!

  • 70084266 楼主 70084266 楼主 : And think about this! For a good portion of my trading career, we traded with the prices being listed as fractions instead of decimals! LOL!

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