Replies to post #43 on Nisun International Enterprise Dev Group Co Ltd (NISN)

[Akira]

I agree. lately, the China stock trend is not following the US stock trend as FRB policy suffers US stock while China takes a relatively better economic position. It doesn't matter if we like the Chinese government or not, China stock will come back prior to US stock.
Anyway, you said, "NISN is in the Machinery industry," Is it right?
> The company was formerly known as Hebron Technology Co., Ltd. and changed its name to Nisun International Enterprise Development Group Co., Ltd in September 2020. Nisun International Enterprise Development Group Co., Ltd was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.<
According to its home page, Hebron Technology Co. was the machinery company. Still, Nusun has been changed into " an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People's Republic of China and internationally."
I know such a nimble change of company is difficult to do, but in China, it's very common and NiSN is successfully doing it well. And, I think the new business is much more timely and lucrative in the after-covid-19 world.
By the way, I like Charlie Munger as well. My favorite words of his are: 'you don’t make money when you buy a stock, you don’t make money when you sell a stock, you make money by being patient and you make money by waiting'.
Let's be patient!
NISN home page: http://ir.nisun-international.com/about.html