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Getting close to my buy price for a long term hold. Looking for $90s, may happen tomorrow.
GLTA
This board pretty quiet on DIDI...
I am surprised how many people are short DIDI at these levels.
I think it will close above $7.00.
China is gearing up for the Winter Olympics and I expect the DIDI app will be reinstated soon. IMO.
GLTA
Moving up with the market.... nice....
I think there is a greater risk of negative returns being short DIDI than long.
At this rate, a positive Chinese PR WILL pop this over $10.00...
GLTA
+9% Nice recovery...so far... I think we see $9 - $11 if app is reinstated this month. IMO.
GLTA
Added here.
I am fortunate enough to be able to wait and see how the HK transfer goes.
I don't think it will be pretty, but DIDI should have cratered today to $4-$5 this morning, it did not.
Also, this is a super RED day for all stocks, so I figure if DIDI closes above $6, many shareholders are still taking the wait and see approach...
GLTA
Wonder what will happen if they reinstate DIDI app over the weekend....
: )!!!
Bet Chinese owed hedge funds are buying this on the dips to relist in HK.
GLTA
Does anyone think, once DIDI is moved to HK Exchange, it will be trading at $6.50??
I kinda don't, but the devil is in the details.
It would be nice if there was a smooth and quick transition, but I think with China, nothing is smooth and quick, and the worst thing is we are left in the dark concerning details.
GLTA
P.S. Thought this would fall harder.... and what the heck was the premarket spike of 14% all about?
Knee jerk reaction will hurt the stock. I think there will be a lot of selling tomorrow...
May trade at $5 - $6.... or less, gulp!
Chinese/DIDI is going to screw shareholder. All IMO.
Glad this is the only Chinese stock I am holding...
Markets will be red tomorrow as selling of Chinese companies will take place.
GLTA
Glad to see DIDI up yesterday and today.... bit of a head scratcher as we do not know what China will do....
Also sucks that news stories are leaked and then disputed by Chinese government. Doesn't help much in determining which way DIDI will head....
Still holding my shares, hope a news story, real or fake comes out that pops this to $10... I think it will likely happen before EOY.
GLTA
Higher than it was when delisting news hit last week...
Kinda a good sign, IMO.
Let's hope the gains remain at the EOD.
Bull trap or news coming......
GLTA
Nice pop at the EOD, short covering or MM trying to lure more buyers in tomorrow...
GLTA
More and more articles I read about delisting from NYSE, the more and more I think investing in DIDI is really risky..... Chinese government is really putting the screws on DIDI. Let's hope it ends soon...
Ugh!
If it breaks $7.25, I think we may hit $6....
GLTA
Yep, closed red.
They are going to hold it down through the end of the year... IMO
If we are lucky, we get news right before Christmas weekend...
Once DIDI actually puts out a PR with clarification, it will pop or tank depending on the news.
GLTA
If DIDI is going to be bought out at $14 per share, this would be much higher IMO. So the institutional investors are not buying it.
I think Chinese government knows what they are doing and allow news to leak out... when they want it to.
Thinking it will get delisted and shareholders compensated at or near the current price when delisted.... if you have been watching DIDI, you know that it can be held down at a pretty narrow trading range.
Waiting for a few spikes to unload...
GLTA
Why does it look like no one is buying the $14.00 buyout? It looks like they may transfer to HK and buy out at the current trading price...
China and DIDI know a large amount of shares are being held by retail investors. Probably not too concerned about lawsuits, but the rest of the Chinese stocks will take a hit.
All IMO.
GLTA
Will settle between $90 - $110.... IMO...
Amazes me that people are surprised it can back down....
GLTA
FYI,
Today's horror movie will air again tomorrow..... yikes!
GLTU
Ugly morning....
Going to level off between $90 - $110 IMO. Not today! but at some point....
May buy in a few shares at or below those levels...
GLTA
Yep!
Sometimes they have horrible endings....
I cannot predict the market, but I have seen this movie before. ; )...
GLTU
Know the game....sell the news....
This once can hit $23 premarket...
GLTA
Agree... I took my profit yesterday after hours....
Selling my remaining 1 share.
I think there will be a run to the exits at EOD, getting close to $140....
All IMO
I am here to trade and make money....
GLTU
Boy, looks like Xi does not like DIDI.
Ugh!
Looks like it may go lower EOD.
I know a lot of people got in just above $100...
I am thinking lots of profiting taking if it breaks $140....
All IMO
GLTA
Funny how everyone tries to rationalize what will happen next....
Don't get a headache, this one just popped hard based on right timing and retail enthusiasm....!!! Yes, it is great they have Amazon and Ford as backers, but no one really expected this to continue to climb.....
Take your profit and move on to the next pop!!!
All IMO...
GLTA
After hour trading...??? Like a regular trade just extended hours...???
I think all or most brokerages allow it....
If yours does not I would switch, some of these stocks MOVE AH.
GLTU
Sold AH, holding 1 share to keep an eye on it....
I did not like that quick drop from $179 to $171 EOD...
Thinking people may begin to sell, IMO
GLTA....
Easiest and quickest money I have made in a while... Thanks RIVN!
Problem is in 2 - 3 years, Apple, Google and Amazon will have their own crypto payment companies, they will not rely on outside vendors...
IMO
This is cray, cray!!!!
An idea popped into my head as I don't believe this is being moved by just retail investors....
Is Amazon going to acquire RIVN? Just a guess...
All IMO.
Wow, DIDI looks to be the only Chinese tech stock not moving up today.... after the Biden Xi meeting, things are more positive.
Does not look well for DIDI, I hope we are not waiting well into next year for some news????
Uncertainty will continue to keep DIDI down.
All IMO.
GLTA
Okay, now I am impressed....!
FOMO, I don't know, but with shitloads of money the company may pull a few rabbits out of the hat....
GLTA
Maybe 2 -3 years down the road..... not immediately.
That's if crypto becomes a widely recognized form of payment. I think people/companies are still leery about this because of crypto's wild swings.
GLTU
Hmmm... this was pumped on a few boards...
Not too sure what revenues they will show next year, they have not generated too much revenue in the past and the more time passes the more crowded this field gets.
GLTU
Yep.... looks like it will head into the teens this week...
This was pumped quite a bit....I kinda had a feeling.
All IMO
GLTA
Wow, +10% days after IPO....???
Adding a stop loss....
GLTA
Own both. I do.
DIDI has more potential near term upside, not sure if it will reach $16 this year. DIDI valuation is also very reasonable, but the Chinese government can pop this any time.
RIVN may continue to increase the next few days, but there will be a pull back, sooner or later. RIVN valuation is not justified.
All IMO.
GLTU
Wow, did not know warrants can be executed tomorrow..... it seems a bit soon? But IDK.
Interesting to see what happens...
GLTA
+6% close... heavy volume... closed near high of day...
DIDI will easily jump 10-20% with official news on relaunch of app and fine or punishment.... IMO
Wait a bit and the institutional investors will begin to recommend investment in China once again...
GLTA
Will be interesting to see how it trades, EOD prior to weekend.... if little profit taking the run up may continue... IMO.