How about them Chinese Stocks? TAL, GOTU, DIDI.

How about MS dumping few mil TAL shares that caused 70%.

Just a guess.

Yet still remains second largest stake holder ~12% (?)

Why not to throw away everything.
If. It's. So. Bad. :rolleyes:
 
TrailerParkTed said:
Bill Hwang style fire sale?
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Dunno whos Bill Hwang (?)

Happened during premarket. Didn't took much effort to cause that 70%.

Official TAL response they have no notes/orders from CCP about becoming non profit.

My bet it's as always, - big story, fear, accumulation & back to previous highs & beyond.
 
You know. I was thinking the same thing last March about NIO. It was around $1.50 when I thought about taking a big position. But then I thought it would go the way of luckin coffee. It certainly didn’t. Too bad I didn’t buy

now, I’m having the same thoughts about DIDI. hmmm…
 
x-rays said:
You know. I was thinking the same thing last March about NIO. It was around $1.50 when I thought about taking a big position. But then I thought it would go the way of luckin coffee. It certainly didn’t. Too bad I didn’t buy

now, I’m having the same thoughts about DIDI. hmmm…
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Tal, Didi, Gotu, RLX, Edu ....all will bounce back up. it they get crushed and stay like that for more than 1 year, then it will affect all Chinese stocks trading in US market and retail investors confidence in them end for ever
 
WAFU tends to move on non-fundamentals. I am not bullish yet but would be interesting to watch what it does in the near-term.
 
Nobert said:
Dunno whos Bill Hwang (?)

Happened during premarket. Didn't took much effort to cause that 70%.

Official TAL response they have no notes/orders from CCP about becoming non profit.

My bet it's as always, - big story, fear, accumulation & back to previous highs & beyond.
More...
Bill Hwang lost $30 billion a few months ago starting with VIAC, DISCA which lead to liquidation of BIDU, FTCH, TME, BABA, GSX and many more. Morgan started a fire sale dumping his 20,000,000 VIAC position several banks were holding. Nomura and CS lost their asses.
 
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