And someone else out there would disagree with all of that. The point is opinions are just that. they are opinions. , Someone is going to get it right by fluke, and that is because the economy can only go a few ways, My prediction is, the fed chair can act fast if he needs to steer the economy the right way like he did in 2018 when he increased interest rates and lowered the interest rates by mid-2019 and we had a soft landing, not recession.
I don't own this stock at all. I agree that a lot of stocks are over valued but you are missing the point. If the guidance were not bad and Paypal had exceeded the expected EPS and revenue, the stock would have traded up, overvalued or not. So being overvalued would have been overlooked for return of the future growth. Conclusio, this stock drops for the aforementioned reasons, but not limited to those reasons. I am no 20 year old to be dared to buy a stock by the way or sell it. I go for companies that can deliver growth in every season, like Apple, Tesla and Google. Cheers
The drops in stocks when the miss EPS or lower the guidance are more pronouned vs 5 years ago.. There are two exlpainations: 1. Algorithm, which is based on either keywords like, "Miss", "Below" or whatever and the preprogrammed the computer starts selling at a fast rate. And that happens, it creates a bigger fear into the minds of traders. That is the number 2. Traders hit the stock harder with selling pressures. Remember, that the same people who make you sell, they coould be buying it back at a lower prices. Food For thought.
Right on, have a vision about the next 5 years and see how Tesal fits into that vision.Tesla is, has been, will be the leader in EV, no matter how many other EV are in the picture. Take a drive to Vancouver BC, Canada, Or Washington State and you will see. There are Teslas everywhere. I even saw Teslas in Playa Del Carmen, Mexico where I am staying. This is the begining of swithing to EV around the world. And Tesla is the Coke of the drinks, the Tide of detergents, need I to say more. I am a net buyer of Tesla.
You do, when markets correct, the comapnies with too much leverage and haven't had positive EPS suffer the most. It is your money,that is up to you. SE is on of those companies..
I am ngot going to advise to sell or buy - but I do know this that when the economy faces challanges like inflation, recession, and so forth -stocks that are highly leveraged will have a ard time to recover. Furthermore, companies that are consumer dependend like Sea Limited lose ground once the customers are gone. The question is now, how is Sea linited doing vs its peers, does it have enough cash to grow, or do they have to borrow, or issue more stocks? Are they expanding their customer base and are the customers speding more using Sea Ltd website? Personally, I don't think this company's stock price should be higher that BABA. Good luck
Just and observation: in a market that has been on a downtrend since Oct 2021, some Chinese ADRs,(Stocks) have been outperforming the market and yet no news mentions of that. Food for thought
Just becasue a stock is down, it does not make it a good buy. This stock went up too fast becasue many traders were factoring in future growth due to lock-downs, people shopping pnline, stay home subscribe to online games adn etc.. Now the reality is different and that is: Earnings, sustaining profitibality, cash flow, increasing revenue andt etcc.. If one or all of these are negative and continue to be negative, then that will reflect in the stock price - not to mention the sentiment of the general market. For the best 4 quarters it has exceeded revenue but missing on EPS, so you need to find out why they missed on earnings, 7 quateres out of 8 quarters. Conclusion,
Learn a lesson from other E-commerces and related stocks which rocketed during 2020 when everyone was home and now they are all time low $MELI , $LSPD, $W ,$OSTK and many more.
Alibaba's revenue 2021 $109.4 B VS SE revenue 2021 $2.7B. BABA is in latin Americe, Middle East and not to mention Asia. The price of SE is reflection of many people like yourself whom thiks this stock is worth this much which is not the true value. When we have an economic slow down, stocks such as SE will return back to their real value. So, no I am not kidding.
Sea cannot be more valueable than Alibba or Bidu. This stock went up too much too fast without showing any real profit. The true value of this stock will show when themarket has come back to earth. I am thinking around $25.
Let's talk about the big elephant in the room. One of the top underperformer stock after the slplit. NVDA, TSLA are doing amazing after the stock split. So disappointed, great company but no so good stock anymore. The market has been ignoring this amazing company. Why?
Today reported revenues of US$60.2 million for the second quarter ended June 30, 2021 compared to revenue of US$30.3 million in the second quarter of 2020. Notably, more than 60% of the Company's newly funded accounts were derived from international markets in the quarter.
Oversold is a technical analysis and it is determniend using RSI, Relative Strength Index (RSI) is a measurement used by traders to assess the price momentum of a stock or other security. ... The RSI plots this result on a scale of 0 to 100. Readings below 30 generally indicate that the stock is oversold, while readings above 70 indicate that it is overbought.
Regardless of how we feel about HOOD, it is a business model that will generate profit from registered users using its platform. I am in Canada and I can not use Robinhood app, banks don't allow it -but I am guess most of you in US use Robinhood for your trading adn if you are think about why you are not paying any fee for palcing trades. Where does the profit come from? They are obviuosly making money and that comes out of your pocket indirectyly. There is no such a thing as free lunch.