I've been holding this stock for nearly a month. Since I work in battery and mobile charging industry, I'm quite familiar with its business and I think it has solid tech.
They also have a large market and customer base in China, so I decided to invest most of my savings, along with some money borrowed from my parents into this stock. Back in 23rd January the trading volume hit 400k, so I figured it still had some liquidity.
I'm still at a loss right now, but I won't sell because I trust myself. I remember they mentioned they will be getting into AI related stuff, and they released a white paper today, so maybe the stock price will rise eventually. I don't have much investment experience, but after spending a lot of time on this sub, I am starting to get interested in gambling too. The stock market really isn't much different from a casino imho.
https://www.reddit.com/gallery/1s3a4hf
Posted by Green-Cupcake-724
3 Comments
The 5Y chart for this is wild 💀
https://preview.redd.it/ebxng7tzw6rg1.png?width=1080&format=png&auto=webp&s=d2635f46554eb6e5760ea9b5846ebe501d1f9fb1
Maybe sell enough to cover what you owe your parents and just gamble your own money on Chinese ADRs.
Remind me! 30 days