MrRenev

Anyone want to buy a multi billion dollar company? (investment)

Long
MrRenev Updated   
XETR:SNH   None
People at the head of the company been accused of fraud? Irrelevant.
All I see is a multi billion conglomerate that got panic sold and still is functionning as it was before.
No one is interested in this, it got abandonned. Yet, they're still the same nothing has changed.
People only care about something when (after) it goes up and there's no FUD around it.
If there is a big green candle people will invest in anything, even magical internet monopoly money that
doesn't work only has problems and is a solution to nothing, and which only fundamental value is people's greed.

This is the best time to get in a company. There's always a risk it goes bankrupt, but no one gets rewarded for
not taking risks, it's like a law of the universe. And the reward here is just INSANE. Who tf is even selling at that price?
People that bough after it crashed?Hope there's more FUD and the stock drops even lower in the next months.
But looks like it could be moving out of accumulation zone now... I'll miss out :(

They have some meeting in the next hours, let's see what happens then.

+++ I have no idea what I am doing +++
Comment:
Interesting.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.