Luckin Coffee Inc (LKNCY)

[CycleTrade]

That document spells out all of their options at this point. No matter what happens...It'll take months before they figure this out and could still have to raise capital (most likely) and ultimately dilute existing shareholders at best or wiping them out all together.

...Too Much Debt
...Too Many Claims
...Not enough Cash Flow

..and that 900,000 share trade that took place after the close.

I have been watching this stock by the tick for almost a year now. There is no indication of that trade being a BUY or SELL because there isn't any BID/ASK spread after 4pm. It was merely a trade that took place at the current price and it could also have been a trade that was needed to take place to square the books. These trades take place EVERY DAY after the close and usually end at 4:45pm Eastern. If you look closely at the times...trading ends at 4pm and then they clear the books for the day (match trades)...any rogue trades or settlement trades take place right around 4:45pm and then that's it. Happens EVERY DAY.