Luckin Coffee Inc (LKNCY)

[Smilin_B]

Those pesky wash sale rules.

Your accountant is not going to be pleased

[Bona Vista]

It's been fun watching LKNCY price moving HIGHER these past few days, however, I believe that after a slightly HIGHER price opening this morning, LKNCY will most likely pullback to $3.10-$3.15 area.

I don't think the RUN is over, but, LKNCY will need to consolidate again before it makes another move.

[Fdc4]

That's the market maker, when they close an otc stock. It happens to many otcs. Haven't you seen this before? It's normal

[food4thought]

You bet. Banking on another one tomorrow. Cheers!

[LOVE*PINK]

Excellent day COFFEE TIME

[LOVE*PINK]

Easy double from here

[invest007]

Ask on TD Ameritrade is showing $4.90??
Crazy!

[LOVE*PINK]

My target $10 to $15. 1,000% gains

[PAUL_MARKOWITZ]

5 TOMORROW>>>>

[trainer2]

Muneeflo,

I agree, 10.00 pretty quick.

[Bona Vista]

I originally bought LK at $19.90 and road it UP to the TOP without SELLING, however, I did SELL when it went way down and the bought again twice.

Now I have recovered my original investment while in a very nice PROFIT position, yes LKNCY is quite volatile and there will be a time to SELL.

[muneeflo]

Yes. I noticed that when I sold at 3.00 on the $6 run. Had a small $200 gain because I was held underwater for a while and was ready to bail. I left over $1,000 on the table on that one. bought at 1.30 and sold at 2.00 as well after the initial gap down on fraud news before delisting. Not making the same mistake again. Up $400 today and still not selling. I want $10. Although I am also of the opinion that technicals don't matter right now, chart is screaming $10. chart aside, good news and we fly. in my humble opinion.

[trainer2]

Bona Vista, are you beginning to see the explosiveness of LKNCY. This baby does not have to retrace for awhile.

[food4thought]

Yessir

[Bona Vista]

THAT'S WHAT I WAS LOOKING FOR, LKNCY LOOKS GREAT.

[JustBegin]

Omg!!!

[food4thought]

Raise the roof baby! Run some volume into the close.

[Bona Vista]

IT SURE IS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[LOVE*PINK]

Bought at $1.75. LOOKING GOOD>

[DM797]

I think so too. It’s going to jump $5-$10 in a day at some point.

[muneeflo]

Yes. I remember from before the delisting 4.00 was a big barrier. I think it's just a psychological one now, should go parabolic sometime in the future after breaking it. in my opinion.

[Bona Vista]

Going to take HUGE BUYING VOLUME to break LKNCY above $4.00 and keep it there from backing off, most likely I hope it can HOLD its price at $3.75-$3.85 for this week.

Still lots of SELLING by those who bought LOW and believe LKNCY doesn't have much more to the UP-SIDE, hopefully, they are wrong because I'm NOT SELLING yet.

[keekee]

Apparently, the idiots that used to make market here when it was on Nasdaq are gone. How do I know? They used to profile my name whenever I bought. Last profile was the day it hit $1.30 last week. Since then, I trade the stock normally. The OTC may be the next clean place to trade, devoid of CROOKED Nasdaq Market Makers. Just my opinion.

[food4thought]

Fully agree.
The $50 to .93 cent move removes realtime technical analysis for now, with a delist as a kicker. Essentially this created a reboot to the charts and LK relies on beta events to establish new levels moving forward.

Great looking consolidation here with some strength. How they plan on washing Lu’s shares will be interesting. Shelving them and utilizing them for future funding at higher levels would be a shareholder’s dream. Big banks and IPO tutes will clearly have some say. And now that LK is in OTC land, most will want to cash out. The E&Y audit reveal will be the next big beta moving event. Fun times ahead imo.

[food4thought]

Yes we do. Mucho resistance at that level. Looking forward to it.

[JustBegin]

Hope it will.

[DM797]

I Wonder if we run if we break $4

[trainer2]

Not necessarily. The fact that this stock fell so far is reason enough to gain big time.

[trainer2]

My outlook is positive most of the time.

[Smilin_B]

Oh that's just for starters.

[Farmer_D]

3.75 dump? Anyone see all those shares sold at 3.75? Know what it was? I don't. Profit taker? Bank liquidating Lu's shares?

bd

[muneeflo]

There you go, Smilin_B, there's your 4 print. lol

[DM797]

IMO news out is Lu is fighting to keep his seat. Lots of fighting over control. To me, this a good sign overall. People want to be in control....why? Lots of money to be made. They know the business model is working and profitable.

[muneeflo]

I can't find any news. somebody must know something.

[DM797]

Might see a pull back and another run over $4 today.

[DM797]

Shares for swallowed up $3.97 without a major dip. That’s a good sign of strength .

[investor86]

Yes it is, LoL
Holding 4400 shares in my IRA account, should see $10 a share soon.

[Farmer_D]

Lots of shares being bought at 3.98 and 3.99! Gonna be 4 any second.

bd

[Farmer_D]

Yes! I put way more than one should in this and had more cash to use but wanted to play it safe a bit. But I'm glad I did make the risky move so far.

If there was a LKNCY store near me I would go buy some right now and I don't like coffee. :)

bd

[muneeflo]

wake up guys, it's been running and this board is asleep. lol

[Farmer_D]

4.31 ask! Wow.

bd

[DM797]

Anyone else regret not grabbing more sub $2 lol.

[Smilin_B]

Heading back to the $4s

[E-7-2]

The new Luckin for 2020-2022, MYT. Check it out.

[Bona Vista]

Let's hope so, but, in the real world expect the unexpected and let's hope the unexpected is in our favor.

[trainer2]

what more could go wrong? Not much IMO. This company is on the mend.

[Smilin_B]

The sun has, are or will be rising tomorrow morning

[Smilin_B]

That wall @ $3.30 got smoked

[Smilin_B]

No one is in control.

The market (thousands of investors/traders) determine direction.

Just load and hold

[SnootyOoty]

Luckin Coffee Shareholder Vote Is Challenged After Chairman Determines Outcome.
Charles Lu reclassified the supervoting shares of one representative to shares with weaker voting rights
By Jing Yang (WSJ)
Updated July 7, 2020 12:29 pm ET

A fight for control of Luckin Coffee Inc. is hamstringing the embattled company, which has yet to release the results of a controversial shareholder vote that took place over the weekend.