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Replies to #136 on iQiyi (IQ)

common_cents

06/28/18 10:56 PM

#138 RE: observer21 #136

The reason it dropped is because institutions locked in profits for the Quarter given that the stock increased over 100% during the Q. It's really that simple. There was NO fundamental reason for the drop. It created an incredible buying opportunity.

I'm long 3000 shares at an average of 31.01. See you at 50 during the summer

CC