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Member
Posts: 25,397
Joined: Aug 11 2013
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Jul 26 2021 01:27pm
Quote (Bazi @ Jul 26 2021 02:38pm)
Lol


Bought more at 7.30 today lol. 8.10 avg

Don't see it going the Luckin route.

Also daddy bitcoin & Ethereum saving my portfolio from the China carnage many thanks
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Jul 27 2021 02:28pm
rip

Average down on China?

This post was edited by NetflixAdaptationWidow on Jul 27 2021 02:28pm
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Jul 27 2021 03:55pm
Quote (NetflixAdaptationWidow @ Jul 27 2021 04:28pm)
rip ^ofthevoid

Average down on China?



Hodl

Might wait a little and add.
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Jul 27 2021 05:47pm
My two Chinese Tech ETFs are getting FKED...
down 32-48% across my portfolios for those two holdings...
Member
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Jul 28 2021 11:35am
Nice China pop today after CCP tried calming some of the turmoil. I'm waiting for a day or two to see if this pop fades and i'll look to add to a few China names. This is definitely a blood in the streets moment right now.
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Jul 28 2021 04:41pm
Quote (ofthevoid @ Jul 28 2021 12:35pm)
Nice China pop today after CCP tried calming some of the turmoil. I'm waiting for a day or two to see if this pop fades and i'll look to add to a few China names. This is definitely a blood in the streets moment right now.


Baba stuck at 180 for couple hours yesterday , that was only China one I averaged on

Let’s see what happens
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Jul 28 2021 05:09pm
Quote (Bazi @ Jul 28 2021 06:41pm)
Baba stuck at 180 for couple hours yesterday , that was only China one I averaged on

Let’s see what happens


Good move I think. I'm hesitant to add because I'm starting to be way overweight China. I'm already up on DIDI close to 10% but underwater on much bigger positions in BABA & others.

I do think the market is overreacting here tbh. CCP is also not retarded to wipe out some of their winners but are just trying to keep them in check. To me the bold is a signal that they might chill for a little and I expect some of these stocks to make at least somewhat of a comeback.

Quote
SHANGHAI, July 28 (Reuters) - Chinese shares recovered earlier losses on Wednesday amid volatile trade as state-run financial media called for calm, but investor concerns about tightening government regulation continued to weigh on sentiment.


https://www.reuters.com/article/china-stocks/china-shares-stabilise-as-state-media-urges-calm-idUSL1N2P404V
Member
Posts: 40,044
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Jul 28 2021 05:10pm
Quote (ofthevoid @ Jul 28 2021 06:09pm)
Good move I think. I'm hesitant to add because I'm starting to be way overweight China. I'm already up on DIDI close to 10% but underwater on much bigger positions in BABA & others.

I do think the market is overreacting here tbh. CCP is also not retarded to wipe out some of their winners but are just trying to keep them in check. To me the bold is a signal that they might chill for a little and I expect some of these stocks to make at least somewhat of a comeback.



https://www.reuters.com/article/china-stocks/china-shares-stabilise-as-state-media-urges-calm-idUSL1N2P404V


They did take Jack ma’s balls tho

These ccp are ruthless. Maybe more pain to come but in some years I think we will be ok
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Jul 29 2021 08:23am
Watching NKLA continue to fall brings me great pleasure.

This post was edited by SBD on Jul 29 2021 08:23am
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Jul 29 2021 08:23am
Quote (Bazi @ Jul 28 2021 07:10pm)
They did take Jack ma’s balls tho

These ccp are ruthless. Maybe more pain to come but in some years I think we will be ok


saw some life into the chinese techs as the CCP expressed some chill as you mentioned.

have not averaged down on DIDI yet, I was in just below IPO price.

AVG'd down in BABA <185 the other day.

was on a few week road trip so was hard to do much with limited connectivity. but sold out APPLE before earnings at 149, rebought at 142.

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