$Li Auto (LI.US)$$LI AUTO-W (02015.HK)$ Best to stay away fr...
$Li Auto(LI.US$ $LI AUTO-W(02015.HK$ Best to stay away from this stock, price action looks super weird with a $2B stock offering still can have such bullish momentum. li auto has market cap of 40 B which is close to Honda, BMW, GM. and yet they only have one SUV offering at the moment. no super outstanding technology as well. it’s very strange that it can hold this valuation, my gut feel is the is gona tank very hard some time in the future.
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Trader for more than 10 years, loves near term swing trades
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bwjx : ticking time bomb.
like $Snap Inc (SNAP.US)$ which shot up 62% after its q4 earnings.