What Did You Buy Today?

[rayray]

(08-19-2021, 08:14 PM)vbin Wrote:

(08-19-2021, 01:29 PM)fenders53 Wrote: [quote pid='28160' dateline='1629397270']

(08-19-2021, 11:19 AM)vbin Wrote: Added baba and tencent

One of these days you will pick the bottom 

I hope your only buying 1 share each time lol

Right now cash under my pillow seems like the right choice. I'm pretty much fully invested now, so really cant do much buying unless its 1-2 shares 

Oil and Chinese stocks are his daily scratch off Lotto tickets.  We all have a weakness.  

Nother I gamble in casino nor play lotto. Stock market is risky but BABA is undervalued and we know the story with oil. If you ever been to China you would know the value and power of tencent and baba.

If u.s. govt were bringing the same change for privacy, everyone will be cheering like cheer leaders. People are so driven by political agenda that anything china makes them uncomfortable.

Seen this movie too many times with target, fb, cvs, oil and now Chinese stocks.


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i also own some china stocks, i agree the data says undervalued--but the difference between this and that is a group known as the CCP and they're flexing their muscles

we can't compare for example an undervalued amzn the same way as an undervalued baba--the risk is far greater


i can see money to be made in china stocks but i can also see depressed values far longer then anyone anticipates