Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
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.
Happy Holiday's to all.
Expecting continued selling of LUCKIN next week to around $21,25 or so, once the pullback is complete new highs should be on its way as LUCKIN nears its 2020 high of $50.00 in 2023.
Finally…herd immunity
Leaked notes from Chinese health officials estimate 250 million Covid-19 infections in December: reports
Will be interesting to see where LUCKIN ends the year, should it close above $25.00 I could see next year's price at $35.00-$40.00 if earnings remain positive.
Should continue to pullback somewhere between $19.50-$20.00 before moving to new highs, I suspect that sometime in January things should be looking brighter.
Just be patient and wait for the fastball, and don't be fooled with the curve ball.
There will be many pitches in this game that just might strike you out, remember there are 9 innings and sometimes extra ones before the winner is announced.
I'm letting this ride. I missed Taco Bell and McDonald's. Here's another pitch to swing at.
Well how does everyone now feel about LUCKIN and its present price, personally I am thrilled I hadn't sold a single share throughout all the turmoil since repurshasing after its delisting??Anyone care to speculate where they beleve the price goes from here, I have absolutely no idea how to answer that question at this time.
Pull back a little bit is normal, but the uptrend is unstoppable because more and more Chinese people love coffee and its not too expensive price products.
Yes, but NOT before it pulls back to $19.50-$20.50, which should take place in the next week or so.
yep , we are heading to $25....
After hit $20, we will advance to $25 because 1.4 billion people market and excellent Luckin coffee price advantage.
How does December look for LUCKIN,
could we finally see $20.00 or will we have to wait until 2023??
Just curious but what happened to Cycle, his posts were quite professional and wonder if he is still on this site, if so what's his opinion on LUCKIN at this time.
Now that we know when LUCKIN will be releasing its ER, I would think if good $20.00 isplausible.
Now that we know when LUCKIN will be releasing its ER, I would think if good $20.00 isplausible.
Anyone care to offer their opinion as to where LUCKIN price will be by year'send, I still havehope the $20.00 mark could be reached.
Could tomorrow be the day for LUCKIN, only time will tell.
As I stated in my previous post ,,LUCKIN should be pulling back to about $16.50-$17.00 before moving higher.
I do expect a new high of $20.00 before year's end, hopefully it will be just the beginning of great success for LUCKIN and all those here.
I have a feeling LUCKIN will reach $19.50 shortly or possibly even that long waited $20.00 mark.
Once that price is reached a pullback to $17.00-$17.50 should be expected, at that point consolidation occurs until LUCKIN is relisted on nasdaq.
Next year with the relisting, I am expecting to see LUCKIN reaching prices it was trading at before it was delisted over 2 years ago..
Looking forward to seeing $50.00 in 2023, after that it's anyone guess.
I definitely agree that if relisting it's not in 2023 it never will, I believe it should occur sometime in the first half of the coming year..
should get re-listed in '23
When LUCKIN goes down we hesitate buying it, then when LUCKIN goes up we say why didn't we buy it.
I'm just happy I hadn't sold LUCKIN throughout its ups and downs, will be holding on until it reaches much higher prices and relisted.
Not crying, just stating how solid of a buy this is
Why cry over spelt milk, the time to have loaded up was when it was delisted, now just sit back and enjoy the future.
Damm,,, I should have bought much, much more !
$LKNCY Second day of breakout with strong volume..looks strong here..
https://stockcharts.com/c-sc/sc?s=LKNCY&p=D&b=5&g=0&i=0&r=1667647710686
You are so right, it's just a matter of time before this takes off should have bought more.
Followers
|
109
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
4142
|
Created
|
08/11/15
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |