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I'm out of all my China stocks. If China supplies weapons to Russia we may see more sanctions on China. Too many political ramifications to hold china's stocks at this time.
Luckin has been very good trade.
Looks as if there's either a Major Seller here, or a huge Buyer at $27.75-$27.85, hopefully someone knows something Good and is loading up, or Selling knowing something Bad.
Just found this video. A pretty good review for U.S investors.
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Correct
Now the pullback is in play, I will be buying somewhere between $26-$27 shoulditgetthere.
Like I told ya , just shut the trap and let good companies make the money
And I mean it
Could not have asked for more, great day even with the turmoil this morning. I suppose a pullback is coming shortly and that is expected and opportunity to BUY more. I believe tomorrow it goes higher, and then sells off, nothing goes up forever.
For this stock I am using the Peter Lynch GARP methodology. Most of my other stocks are not like this.
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Slow and easy. I don't like overpriced stocks....
Yes I read that earlier, we just need to get relisted and begin a following with analysts, hedge funds and brokerage company's.
I believe when and if that should ever occur, I can then see Luckin begin making a huge run up.
I like this statement...
Yes let us hope so, one never knows what the future might bring, hopefully it will be Higher prices.
Onward and upward!
Not a bad E/R, although I don't believe it will affect share price very much today, we need audited financials and relisting to really get Luckin rolling.
Going to be interesting to see what LUCKIN E/R will bring us on Thursday,
i just hope there aren't any surprises if you know what I mean.
LUCKIN is setting itself up for the March 2nd E/R, would not surprise me to see a price of $33.00-$35.00 prior to or on the day of release.
I suspect once LUCKIN reaches its high, it will consolidate before continuing to new highs.
How high is anyone's guess??
Must confess that LUCKIN is quite a volatile stock that can move up or down in a flash, won't be too long before we see it move in $$$$ at a time as its price continues higher and higher.
I wonder what 2023 year's high will be, all time high is $50.02 prior to delisting in March 2020.
Does anyone know the actual Short position in LUCKIN as of today, I can't seem to find it and would be interested to know
Does anyone care to speculate what realistic price is reasonable for LUCKIN by the end of March, personally I have absolutely no idea and hope it remains at $30.00.]
For all those who might be interested[ in knowing the most recent Short Position in LUCKIN, well it is only a mere 665,000 as of this week and appears as if most Shorts have already exited their positions. /b]
There was no doubt in my mind that LUCKIN had $30.00 written all over it, I am pretty much confident that the price will continue to rise until the $52.02 mark is reached this year.
Should there be no negative surprises along the way this year and next, I wonder where the price will eventually head to that is considered realistic.
Will check out Toast, looks like an interesting stock to watch.
Thank you
Good call. Long term hold for me (2026+). I noticed this U.S stock today and they were making a big deal out of it. I think Luckin was doing technology from the start. In fact, China is a cashless society (but don't tell Americans, lol)
So does anyone have anything they would like to say, personally I knew $30.00 was just a matter of time.
Where do we go from here??
I'm betting that either by the end of February or first week of March, LUCKIN will have hit $30.00 and begin its assent to the all time high of $50.02 sometime this year.
Meaning when it was delisted, most everyone believed LUCKIN was toast after that, fortunately for all those who bought, held and believed in it are reaping the benefits.
Something is telling me that in March, LUCKIN will be making a huge announcement, and I believe it will be its relisting.
Once that occurs, it would not surprise me to see LUCKIN challenge its old high of $50.02 before its demise.
Unfortunately that's more like it lasted only 1 day, yesterday started off great but then went South and closed Lower, hopefully today we regain what we lost and and finally break the $30.00 mark.
That's more like it!
[b Well said and reasonable planning for future investments, LUCKIN has been a major winner for me up to now and hopefully will continue to be so in the future.
Somewhat concerned with market in these next few days, I'm sure you can understand why with the present situation upon us.[ b]
Need to practice risk management with Chinese stocks. I limit my China exposure to about 30%. And each individual stock to about 15% of the total portfolio. A couple of other points -
1) Short sellers ALWAYS look at Chinese stocks.
2) Both parties (but mostly republicans) are going after China. Even though China has a per capita GDP of $10,000 and the U.S has a per capita GDP of $63,000 the politicians consider China a threat. But then again, I consider most politicians to be uninformed morons.
3) Keep a little cash handy for selloffs
Hope you are right, but now with this most recent balloon situation, I can only see a Market sell-off in these. next few days along with LUCKIN.
I see $50 as revenue and earnings keep going up, up, up. China reopening should help.
I guess from that $50.00 should not be very difficult to reach, hopefully it won't take long reaching that number especially if relisted.
SBUX has a marketcap of $120 Billion. China has a population 4X greater than the U.S.
HODL?
I believe this is just the beginning of a major move to the upside, although there will most likely be a pullback to $25.00 next week, I am quite confident that a price of $50.00 is highly achievable sometime this year.
Not much of a pullback.....
Starbucks in China comps down 29%. Maybe get a pullback here?
Anyone care to offer their opinion on today's move in luckin, personally I was totally impressed by its strength. [ /b]
I totally agree with you, it would not surprise me that when LUCKIN relists the price could easily jump to $50 if not higher, all depends on where the price is when the company makes the announcement.
Lkncy adds many new stores and its revenues will up big as 1.4 billion people moving again. Dont believe ? go to China and check it out , folks !
My opinion is to hodl. Lol
Maybe Luckin will be China's version of Starbucks. Hmmmmm......
it's so funny that no one cares to post anymore, I guess it's because[ no one is here with any opinions.
So sad!!/b]
It's ok. I'll just sit on my 500 shares that I own for pretty much nothing and rejoice when they hit NASDAQ again!
Appears as if many who were frequent posters here have went silent, either that or have sold out and no longer have cause to post, either way this message board is no longer engaging.
Definitely thought today would be the breakout above $25.00, even though that was not to be I am quite confident that by the end of January it will come to fruition.
I would not want to be short at this time,
anything can suddenly be released that could send the price of LUCKIN to unimaginable heights.
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