I'm quite lucky to have cashed out all my positions right before Omicron and the China delisting saga. Currently sitting on 100% cash and waiting for the bottom of the correction.$NIO Inc.(NIO)$$S&P 500(.SPX)$
Thanks for sharing your opinions about $Grab Holdings(GRAB)$@Tanjk02I feel the same way about them. GoJek is playing the long game. We'll need to compare financial standings of both companies to have a clearer idea of which company is more likely to last longer.
$Razer(01337)$Previously reported that offering will be up to HKD 4 per share, now say HKD 2.82 per share. Anyway, current price is belowHKD 2.82, means still can make some money out of this la.
Razer will be privatized at a price of HK $2.82 per share
$S&P 500(.SPX)$I expect the upcoming week to be down down down. We're gonna see a correction all week because countries all over are panicking over Omicron.
Not bad for my first year in the stock market? Best performers are $NVIDIA Corp(NVDA)$and $XPeng Inc.(XPEV)$! I have already taken some profits in them.
@grrrr_nt:$NIO Inc.(NIO)$This thing is legitimately dead. All other EV stocks, both American ones $Lucid Group Inc(LCID)$and Chinese ones $XPeng Inc.(XPEV)$, have been inflating into a bubble. Yet NIO doesn't follow the uptrend. When the bubble bursts, NIO tanks along with them. So sad that I have conviction in this company but less and less conviction in the stock.I think I'll most likely sell, and buy in again in the weeks leading up to NIO Day in December...
Nasty... I used to say "hold on to your $Alibaba(BABA)$shares!" but in the short term it is true that there are better opportunities elsewhere, and holding onto your BABA means that you are giving up in your opportunity cost of growing your money elsewhere
As mentioned, I cashed out on $NIO Inc.(NIO)$last night. Still holding onto $XPeng Inc.(XPEV)$and may buy in if tomorrow's price action is good.Otherwise, I'll continue holding the amount as cash for now while I seek the next opportunity. Maybe $Sea Ltd(SE)$? Feel free to share any ideas here and I will research into it!
$NIO Inc.(NIO)$This thing is legitimately dead. All other EV stocks, both American ones $Lucid Group Inc(LCID)$and Chinese ones $XPeng Inc.(XPEV)$, have been inflating into a bubble. Yet NIO doesn't follow the uptrend. When the bubble bursts, NIO tanks along with them. So sad that I have conviction in this company but less and less conviction in the stock.I think I'll most likely sell, and buy in again in the weeks leading up to NIO Day in December...