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Luckin Coffee (LKNCY)

OTC Markets
Currency in USD
Disclaimer
21.86
-0.14(-0.64%)
Closed
After Hours
21.80-0.06(-0.28%)

LKNCY Comments

Reviewed your site Reddy. This a not a internet stock that is so labile. It has to progressively go up but not $10.00 one day and another day $1.00. There is always going to be variations. Unless there is bad news coming again this should be a stock of progressive growth. May be maxes out at 20 and then kind of lingers. Until then it might go up and down a $1 to a $3. Not as much of variation seen in your site. ( tI suspect the site is not from the govt. and they just want to hump/dump or whatever. If they sustained serious punishment from our govt. itself for such manipulators they wouldn't do it. If the Chinese want to corner the worlds capital market they should go as far as capital punishment for the cheaters of investors. Since they are seeing the cash cow coming in from all over the world they ought to make it secure for the investors of the world so that china can make inroads into other countries to invest and make money for their investors. Not like the stock market elsewhere where it is totally insecure.( Cheaters go unpunished) The market cap of LKNCY on its properties alone is valid at at the least $ 6 B . There are 100000000 investors and into $ 6 B the stock should be worth $ 60 a stock. I don't know where the math went wrong ???. I have been watching NIO/XPENG/LI/BABA/Tencent and other Chinese stocks despite the commentators have been ****and dumping they have gone up so significantly. If the Chinese govt guarantees that there will be no cheaters in their stock market and punish them to the core hopefully they will just keep going up. Hopefully all the investors of the world zoom in on their market when they become more open and honest and the Chinese govt gives the promise to the whole world that their market  is fool proof guess what will happen.
Dear Emery, Thanks for taking time and providing a detailed explanation for my (baseless) concern. I fully agree about the potential of LKNCY. I was in Shanghai last year (July-2019) and visited Luckin store at that time. I don't think Luckin will ever go to zero. Hopefully they will announce the results soon or at least keep the investors informed about what is coming their way. For people like us who have faith in Luckin, hope our story ends on a positive note. :)
thanks for sharing too. I met a student recently from China that told me about how Luckin is in special places that Starbucks are not. I believe this will be a great investment going forward.
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