UP Fintech Stock Forum

104919636 : All Chinese concept stocks are dropping like crazy.

一时想您 : Getting older, only a few teeth left, can't run anymore.
You can buy the dip.

102334963 : Be patient, the decline has narrowed, it is estimated that it will change color today.

10baggerbamm : down 25 cents is hardly a collapse

MrM OP 10baggerbamm : It’s already down huge from recent high of 14 bucks. It’s going back to 4 bucks. Back to square one.

10baggerbamm MrM OP : well yeah trees don't grow to the sky and anybody that paid 14 you got a tax loss on your hands.. that was pure momentum that was anticipation of a recovery that was anticipation of the government stimulating the economy and money flooded in you had a huge short positions that covered and everything rallied. it's been down five bucks 6 bucks now for quite some time. there's options on this you have the ability to sell puts to initiate a position and collect the premium and you have the ability to sell covered calls against your long position to lower your cost basis or to make a nice profit right in this price points.

Moon fairy 大炮仙 ❤ :

104919636 : All Chinese concept stocks are dropping big premarket…. Seems we are stuck in this for a while

104919636 : Start at 5.8, not so bad

Fundamentalist : Ya

74724029 : I sell it and then it goes up.

104919636 OP 74724029 : At what price did you sell? I will lose too much if sell so I hold it

Bullish to the Sky 104919636 OP : same for me as well I am holding on this tiger cos too pain to cut lost hopefully it will fly back to 6 plus dollars

74724029 104919636 OP : 5.71 卖了部分买富途

104919636 : Yeah, very surprised!