What do you think of yesterday's drop in $PDDstock ?
Pinduoduo reported results yesterday, which I thought were very good, as almost everything was up, and for example sales were up about 45% year over year. But despite the good results, the stock is down 10%, which could be an interesting buying opportunity.
Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity
It's too volatile a stock for me. I don't like it when that growth stock is volatile.
The results are fine, but I am staying away from China and will not invest in it.
Quite an interesting company, I'll think about buying it as I would like to have China represented more in the sub-folio.
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