Invest Chinese stocks with extra care considering Chinese Government is taking “extra” care for their ppl. In gaming (consider as drug for kids). In Education (over charging for students). In Technology (No monopoly). In e-cigarettes (hahaha!!!)
Do not worry about the stock price if the company is doing well. Using the 3R model.1) Right Business Model2) Right Management3) Right Valuation Vs Price Baba has fulfilled these 3R and that means eventually the stock price will rise. A reason why value investor Charlie Munger invested $37 million stake.
$AMC Entertainment(AMC)$Once a while with super dangerous high riskstock. Play with care and only with money you can afford to lose. Nevertheless Enjoy the roller coaster ride and do some donation when you cash out! 💪🍻🙏
There is an obvious reason why Charlie Munger bought $37 million worth of baba shares. If the Ant ‘s deal was successful, baba shares could have exploded. But too bad the boss likes to talk a lot of rubbish in an unpolitical way 🤦🏻♂️
On paper you are right but things dont always flow exactly the same. Let me give u a good example: Dogecoin! Started as a joke butnow is top 10 in market cap. Nvr look down on human team spirit. Perhaps AMC will hit 100 in no time. Hard to say right?