Qudian (QD)

[Striker77]

Very true. Its basically a foreign stock as well since all China lending. Everyone is looking for leverage right now and this is a great way to buy a US stock and still be internationally diverse. The only reason this dropped since IPO was a perfect storm of China crackdown on high interest rates and default rates. These guys took it well, complied and will still bank. USA did same thing a few years ago with all the payday and title loan places jacking people for 48% on loans. Then some lawsuits came up from people ticked about losing money from the IPO price. Not one real company based reason for the drop from 35. You can totally see what is going to happen. Bad news may take things down but fundamentals always win. Why I feel fins will be the real explosion.