fuccck!!!

[stinkynuts]

After reading the threads on here, I was about to buy $25,000 of BABA yesterday. The market had just closed, however, so I decided to buy today. However, I came across a reddit post that listed all the problems with BABA, so I chickened out. That decision cost me $10,000. Today it was up almost 40%.

One of the poster's here mentioned that China wouldn't let their stocks fail, since they want to be the economic superpower. Guess what? He was right. The govt today announced it would created policies favorable for growth and support companies.

My fear is what happens if Ali Baba gets delisted in the US. I did some seraches, and from what I found out, there was a real possiblity that you would lose everything. That was also a factor.

 

[Rukos_48]

I bought $Yang yesterday…. More fucks

 

[stinkynuts]

I bought $Yang yesterday…. More fucks

Shit!

 

[Ceiling Cat]

The U.S. will not delist Chinese stocks without good reason and the process will take time. The threat of delisting has scared many investors and there was a hysteria that caused some stocks to drop. If you believe that you have lost an opportunity, then let me give you another that is probably ten time better in the long run. Alibaba is a long established company and will continue to grow, but it is not a Chinese EV manufacturer. At the moment The Chinese EV manufacturers have sold all their production for the next 18 months even before the cars are built. There is a waiting list in China, Asia, Australia and Europe for these EVs. The reviews are that these cars are better than any internal combustion car equal, with more equipment and lower prices. As the economy improves and people start to buy cars, many will switch over to electric. The demand for these cars will outstrip production for years.
I bought Nio and BYD months ago, and I bought more this week when prices went down.
When Chinese EVs hit the North American market these stock will take off. BYD will be the company making parts for all EV car makers in the future. They already sell many parts to Tesla. Their blade battery is superior to most other EV car battery in durability and safety.

FYI - BYD will be making the bZ4X SUV for Toyota to be sold in the North American market soon. Toyota just announced that BYD will be making the soon to be introduced electric Corolla sedan.

 

[angrymime666]

After reading the threads on here, I was about to buy $25,000 of BABA yesterday. The market had just closed, however, so I decided to buy today. However, I came across a reddit post that listed all the problems with BABA, so I chickened out. That decision cost me $10,000. Today it was up almost 40%.

One of the poster's here mentioned that China wouldn't let their stocks fail, since they want to be the economic superpower. Guess what? He was right. The govt today announced it would created policies favorable for growth and support companies.

My fear is what happens if Ali Baba gets delisted in the US. I did some seraches, and from what I found out, there was a real possiblity that you would lose everything. That was also a factor.

fear is the mind killer

it happens man.

when the market crashed in 2020 I was 60k in unrealized losses, but I was sitting on over 150k cash. my plan before the crash was dollar cost averaging of 10k stock purchases per month but with covid, being laid off and fear of losing my house(no job = panic) I decided to change my plan to only 5k per month. I check the market daily and I remember looking at my phone and telling my coworkers that the market just crashed and to buy some equities. at that point I should have bought 150k in that stocks I carry in my portfolio(su, fts, h, td, bns, enb, bce), but fear tends to override logic sometimes. I would have tripled my money with the gains and bought dividend stock with a higher yield due to the drop in price.

dont sweat it man. there are always other opportunities. just have cash lying around to take advantage of them

 

[stinkynuts]

The U.S. will not delist Chinese stocks without good reason and the process will take time. The threat of delisting has scared many investors and there was a hysteria that caused some stocks to drop. If you believe that you have lost an opportunity, then let me give you another that is probably ten time better in the long run. Alibaba is a long established company and will continue to grow, but it is not a Chinese EV manufacturer. At the moment The Chinese EV manufacturers have sold all their production for the next 18 months even before the cars are built. There is a waiting list in China, Asia, Australia and Europe for these EVs. The reviews are that these cars are better than any internal combustion car equal, with more equipment and lower prices. As the economy improves and people start to buy cars, many will switch over to electric. The demand for these cars will outstrip production for years.
I bought Nio and BYD months ago, and I bought more this week when prices went down.
When Chinese EVs hit the North American market these stock will take off. BYD will be the company making parts for all EV car makers in the future. They already sell many parts to Tesla. Their blade battery is superior to most other EV car battery in durability and safety.

FYI - BYD will be making the bZ4X SUV for Toyota to be sold in the North American market soon. Toyota just announced that BYD will be making the soon to be introduced electric Corolla sedan.

I actually looked into BYD, and tried to purchase it but my brokers did not allow me to, since it is not a North American listed company.

I think this car company will definitely be popular and successful, even overtaking Tesla perhaps.

But I also read that the car company does not make much per car, so it is not as profitable as Tesla.


The main reason I was going to buy was because Warren Buffett has backed it up. Enough said.

 

[stinkynuts]

fear is the mind killer

it happens man.

when the market crashed in 2020 I was 60k in unrealized losses, but I was sitting on over 150k cash. my plan before the crash was dollar cost averaging of 10k stock purchases per month but with covid, being laid off and fear of losing my house(no job = panic) I decided to change my plan to only 5k per month. I check the market daily and I remember looking at my phone and telling my coworkers that the market just crashed and to buy some equities. at that point I should have bought 150k in that stocks I carry in my portfolio(su, fts, h, td, bns, enb, bce), but fear tends to override logic sometimes. I would have tripled my money with the gains and bought dividend stock with a higher yield due to the drop in price.

dont sweat it man. there are always other opportunities. just have cash lying around to take advantage of them

Wow, yes, in hindsight you should have invested more. But there was no way of knowing what could’ve happened. There was also the possibility that you would’ve lost more.


It’s hard for me to keep cash because I feel like I am wasting money by not putting it to use.

I just hope that the stock market rebounds and makes up for the big losses soon. It’s not fun being up one day, and then being down the next.

 

[Ceiling Cat]

I bought my BYD stock through an American broker, Charles Schwab. BYD stock is listed on the OTC exchange.