Overnight, can you list for me some of your top opportunities that you see right now? I love hearing about opportunities, I'm seriously look for a lot, this market run up has given me a bunch of extra purchasing power all of a sudden. Thanks!
So I hear Chinese stocks, ADRs, are down an absolute ton... time to get in?
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Overnight, can you list for me some of your top opportunities that you see right now? I love hearing about opportunities, I'm seriously look for a lot, this market run up has given me a bunch of extra purchasing power all of a sudden. Thanks!
Just from a FA perspective, you have to look at stocks like Caterpillar and John Deere. If you think about it, with Biden's infrastructure bill and China slowly re-opening, there should be greater demand for heavy equipment.
McDonalds is of course a bellwether stock that continues to do well even in high-inflation environments...
And then there is Disney! This thing is practically at COVID lows from over 2 years ago, but they have such high-octane brands like Star-Wars and their theme park businesses which will see more revenue going forward! Seems a bargain to me! Remember China re-opening when you think about your opportunities, but do it with US companies that do business with China, not with Chinese companies themselves.
Hahahahahahahaha!
Sorry, but no way, no how. You're begging to get ripped off.
I would not touch Chinese stocks with a 10 foot pole.
https://www.institutionalinvestor.com/article/b1rgryc7qgc7t9f/The-Rage-of-Carson-Block
Read some of Carson Block's research on various Chinese entities.
I've seen stories all over the place of Chinese business that execute tons of business "on paper." Then a reseacher hires someone to stop by and photograph the business and there are cobwebs across the loading dock and nothing going on.
This story is repeated over and over again:
(Here's a different short selling firm, but give an example of how much fraud there is)
https://hindenburgresearch.com/yang...shows-assets-appear-to-be-largely-fabricated/
"On the ground visits to YRIV’s construction project during business hours on multiple occasions have shown virtually no signs of business activity aside from a lone gate guard."
https://hindenburgresearch.com/kandi/
"brazen scheme by China-based, NASDAQ-listed Kandi Technologies Group to falsify revenue using fake sales to undisclosed affiliates."
https://hindenburgresearch.com/ebang/
"the company directed $103 million, representing ~$11 million more than its entire IPO proceeds, into bond purchases linked to its U.S. underwriter, AMTD, which has a track record including (a) fraud and self-dealing"
https://hindenburgresearch.com/ideanomics/
"The company doctored images of its supposed electric vehicle sales operation (called the “MEG” center) to make it seem as though the company owned/operated the facility."
https://hindenburgresearch.com/cmru-response/
"Why Did the Company Acquire 3 Newly Formed Entities With Almost No Assets For Hundreds of Millions of Dollars?"
And considering the very likely confrontation with China over Taiwan, I would also invest in US defense stocks as well.
Everybody should watch the documentary " The China Hustle" before investing in any Chinese stocks.
IDK what is going on with China stocks
right now, there have been issues with
their IPOs lately, and things are being
investigated, so I am skeptical about
the whole thing.
If you feel that getting in now at a lower
price is a good time, you should be fairly
certain that the prices will recover to their
previous level in the foreseeable future.
If you don't think that is going to happen,
then you should buy a different stock or
ETF. There's a gazillion other interesting
things to profit from.
right now, there have been issues with
their IPOs lately, and things are being
investigated, so I am skeptical about
the whole thing.
If you feel that getting in now at a lower
price is a good time, you should be fairly
certain that the prices will recover to their
previous level in the foreseeable future.
If you don't think that is going to happen,
then you should buy a different stock or
ETF. There's a gazillion other interesting
things to profit from.