Yup you can’t....Don’t Hit the Buy Button on iQiyi Stock Just Yet
August 22, 2018, 6:19 PM EDT
So you missed the big run-up in Netflix (NASDAQ:NFLX). But you heard that this Chinese company called iQiyi (NASDAQ:IQ) is the “Chinese Netflix,” and you’re thinking of an investment.
If this is money you could just as easily burn, then go right ahead and buy IQ stock. You might be a winner. But if this is your retirement fund or your kids’ college education, step away from that buy button for a moment.