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!
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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!
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!