my point is cash, lots of it, lots of revenue too. accidently doubled my position in chcg today, as orders automatically filled out of my "holy crap this is so cheap" order space at 58 cents.
i have orders on a lot of stuff in that space, and when stocks hit those prices, i fill up... because i predetermined that the risk is relatively low at that price.
It's retail, they will never have big gross margins, unless they make some of their own products.
US retail cooked their books by skimping on inventory. Consumer sales were lower because nothing was on the shelves worth buying. iPhone sales show that the high end demand is alive and well.
A good sign they have to pay staff more, it means competition for good labor is getting tougher, good for the economy. They are ahead of the US for sure.
that is possible for a 3-6 month period, especially considering the Chinese market is not what it used to be. It appears CHCG is just a flip for some months because it will take that long for them to shift focus
Market Data 
Markets 
AI
