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I see a lot of accumulation going on. We get a few positive news releases and it could double very quickly. It’s still in a very early stage. Would love to see a buck a share in a month or two.
I’m buying on dips. The company is in a hot market right now. Hoping for the best.
Looks like more interest is generating according to the share volume increase. That’s a good sign so far.
GLTA
PPen
Glad I caught this one early. Low outstanding shares and market cap. Plenty of room to run! Hang on for a potential ride.
Wish I would have caught this one early as well. Bought in because of up listing. That alone will make it run like tilray did. Happy for all who got in when it was trading pennies a share. If you want another early play look at DVLP. Very low outstanding share and market cap. Do a little dd before considering.
Yes. And if they gain just one percent of those viewers that’s another 5.3 million subscribers. What will happen when the winter season sets in? People will stay indoors and sign up to some of the hottest movies online. I love the IQ growth strategy. It’s working and as long as they keep pumping out hit shows us longs will be very happy!
IQ keeps pumping out hit shows and generating major interest from potential subscribers. That’s why their subs keep growing like they have been. Sure there was major public media pumping this Stock in the beginning and now a huge sell off. Yes China’s financial markets are in a major bear market. That does not stop a company like this from growing market share. They just keep on growing. I will be adding more when I feel we have reached a firm bottom. This company will be a major player in streaming media. Don’t forget they have streaming gaming also. I’m fortunate to have grabbed some of this Stock at an average price around $20.40.
Good luck to all. Long holders will be rich in a couple years. Buy on dips.
My Son is a pro gamer and he filled me in on the growing trend the gaming has grown into. Every venue that gaming visits is sold out. All the gamers that compete and loose in competition watch the remaining players via live streaming. I seen his networking connections and they are world wide. Amazing. I have a small position in Huya so if I bought more at these prices I have the op to dollar cost down. I’m down approx 35% since the big selloff.
I been holding this one close to IPO levels and plan on buying more on dips.
This company has a lot of growth ahead of it. Only reason it’s under the radar is that it has a small market cap. With only 15 million outstanding shares and if it keeps up this growth you could see a stock split the more earnings start to grow. I wish I could have grabbed more shares when it dipped to $18 this morning.
Thanks for the input about the potential $9 a share price. That would be the greatest Holiday present of all this year!
If this was a $9 Stock once before could it get to that price again?
Ive told a few friends about this little gem and they all want in. I said the only way you can get in the Stock if someone sells at a higher price. Share float seems to have dried up. I’m not parting with my shares anytime soon.
PPen
As I was mentioning yesterday. The price can move very fast. Wake up one morning and boom!
PPen
Used to own this when it was over a buck. Since then I’ve moved on to a tech breakthrough in the lithium battery market. I cut my losses and moved on. Glad I found a new play with huge potential upside.
Good luck to all who still believes in prosperity.
I agree totally. All it will take is a juicy news release one morning and off to the races we go! All who waited to buy more will pay hefty prices for this hidden gem. With such a low float the price can skyrocket on short notice.
I have to say it’s one of my most exciting otc stocks I have ever owned. Glad I’m in early this time. I added more today. IMO a dollar price target is in reach. Speaking conservatively of coarse.
Good luck to the patient holders. I’m in it with you all!
PickPen
Glad I got in early. What a move with no news. Something must be brewing under the radar.
On top of all the good that’s going on, this board has lit up like a Christmas tree! Speaking of Christmas, I hope we all are really smiling come this season.
Great article on the company. Holding long here.
https://seekingalpha.com/amp/article/4186158-huya-best-chinese-streaming-ipo
PPen
Netflix grew as subscriber growth increased. I firmly believe the same will happen with this company also. IQ is in a much larger market and has more than one revenue stream to help it along the way. I can’t wait to see the quarterly numbers. Season two of the Rap of China will draw bigger users IMO. I’m also curious about the ad revenue growth. Hoping for some big numbers for all of us long holders.
PPen
I know ad revenues are just a part of the business. If you don’t think that accounts for anything just look at what Facebook has done with just ad revenue and one business model.
I’m in at average of $20.00. Holding long. Sad to say I missed NFLX but not missing this train.
GLTA
PPen
Everybody who sold out because of what Cramer says was tree shaken. The same ones will be jumping back in soon as a solid base has formed but at higher prices.
Hopefully soon we hear some prototype test results. If all is promising, this little company can be a hit in the solar industry. I just hope they r careful with licensing agreements. The company could also get bought out with such a small OS count.
PPen
I just like to dig as much as I can on these penny stocks. I have to admit, been burnt a few times but the ones that came through made up for the loss. Battery power is the wave of the future for everything. Has anyone seen the Tesla battery bank overseas? It’s huge and efficient.
Good luck to all.
I did some DD on ETrade and seen they had a stake in the company. They must see something also.
I’m a new Stock holder here. Not sure if anyone noticed that Motley Fool has a small holding of this company. Hmm, def could be a hidden plus. I plan to add more tomorrow. Very small float and with the news of some solar companies moving to the US they could be scooped up by someone big. JMO
Pick Pen
My take on the drop is that so many buyers got caught up in the early hype. This is no pump and dump Stock. There was much early speculation by buyers. In the future the scared sellers will see the price go right past where they bought in. I’m in for at least a couple years. This company will pad my retirement fund. IMO, this company will eventually be bigger than Netflix. Why do you think Netflix struck a deal with them? To share media resources.
P Pen
Forbes of China named IQiyi as the most innovative tech company. On Forbes list of only 50 companies IQ was the only tech company that made the list.
Long and strong here!
PPen
And a lot of others will wish they did also. This is normal correction. With positive subscriber growth it should stabilize in the 40’s
Shorts will be left with their pants down! PPS might be dropping but the core business plan going forward isn’t. I’m long and strong!
P Pen
I looked at this one around $8. Sure wish I would have loaded then. I just got in yesterday.
Hopefully one of many Travel. The management change was a strong strategic move by the company and us stock holders will benefit it the long run. This company is still in its infancy and has a long way to grow!
PPen
Major board change will make a big difference. The new added people will bring major value to the future of this company. I’m so glad I got in early. Just hope for good subscriber growth next month. If so, we could hit $60+ very quickly.
PickPen
I’ll play the Buffet rule on IQ and also Huya. These two should pad my retirement fund very well.
??
IQ is on innovation overdrive. I like the way management thinks out of the box.
All who are in for the long haul will def be rewarded.
I would love to see that but it would put the market cap over $180 billion with no earnings. Let us show some subscriber growth and some debt pay down and we could very well be on our way! I’m all in for the long haul.
PickPen
Yes indeed! The stock does have a lot of interest and is on a lot of watch lists. I’m sure many are hesitant to pull the trigger to jump in. Guess many are waiting for the next round of subscribers data.
If by some chance this company maintains their top rank in the online media market and keeps growing at a conservative 35% plus rate, we will no doubt see $100+ a share in the near future. I am long on this one.
GLTA
Maybe this video is the catalyst why it shot up today. I tried to increase my holdings at $23 this morning but missed the ask. I’m cost averaged in at $17 so far. Guess I’ll hope for a small pullback in price to add another hundred shares.
GLTA.
PickPen
Any position in this one is better than none. This company’s market is way more than just China.
Looking for some institutional holder to jump in. We are around 30% holding as of now.