Replies to post #1404 on Luckin Coffee Inc (LKNCY)

[wine maker]

L of A,
I think that the SEC review board will grant an extension of the delisting to see if LK complies w/ regs. This is not a little Chinese company w/ 10 coffee stands. As someone recently posted if in fact Apple wants to put its products into LK stores, Apple has a lot of power like sitting on $200 billion in CASH and a lot of clout.
In other words, LK is a bargain. It will not delist. I almost bought at $40. but glad that my avg. is $3.89 by waiting. I did not have a crystal ball just too cheap to buy at $40.
June will be a great month for LK. June = $.

[En2style]

https://www.reuters.com/article/us-luckincoffee-investigation-idUSKBN22Y0VX

[Outcast27]

You called this right it seems. Hope the end of your story is true.

Regardless of any updates towards the company the chart alone is screaming for a bounce this held a excellent support in the $1.37 to $1.40 area in the last hour of the trading session i seen some big blocks on the bid and also big blocks on the ask were getting wiped out as well. I took a gamble and bought more at $1.37 Im seeing $1.43 aftermarket this could gap up Monday premarket i can see LK getting back to at least $3.00 to $4.00 minimum and if this decides to bullish long term $8.00 to $10 they dropped the price way to fast so this should have a good run. Also just a side note many eyes are on this #12 now on the breakout boards. I hope everyone makes money on LK.

Read this on another form, seems true...

Goldman Sachs will incur a hefty potential loss if this goes to zero ( due to a margin call by the previous chairman- somewhere around $500 million or so), so they might have a vested interest in its survival.

But the Nasdaq giving delisting notice then allowing trade tomorrow in a short span obviously is a tactic by Nasdaq to give the free market a chance to make a decision on the company's fate.

$LK