Replies to post #117 on iQiyi (IQ)

[common_cents]

This is one to buy and hold. Many consider it the "netflix" or "hulu" or China.

[Investorr]

This is a good time to add shares and average down if your average is $40. This will bounce when this trade war blows over. Then it will steadily rise as they get closer to big profits over the next few quarters. I know its hard to watch if you are down, but it’s very easy to see profitability coming by 2020. If they happen to raise subscription cost from $3 to $4 before that, then they are instantly profitable.

That’s when you will see us go $100+

It’s gonna take some patience.

[wsgalvanize]

It’s not unusual to see a stock have anywhere from 10%-30% correction after the move it just had.I’ve found that most stocks worth their salt reprint their former highs eventually.Is IQ one of them?I’m not sure but they do have 1.5 billion people to work with.There was damage done so now IQ stock needs to consolidate and then move forward.This might just work out well for us PA43 so let’s give it some time and see what happens.Today would be a good time to start though.