$Chagee Holdings (CHA.US)$ The stock is dropping because of ...
$Chagee Holdings (CHA.US)$ The stock is dropping because of manipulation by big players ,not because of the performance of the company .Even if the performance of the company is poor ,The stock price should not be this low .This is dirt cheap right now .Look at market cap .Sales may not be the best in China .But they are certainly not losing money .still profitbale .look at other companies performance compared to their market cap .This stock is really to buy and not touch it .
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Wasabili Low : China's food delivery platforms are engaged in a subsidy-driven price war, forcing many merchants to compete by lowering prices. Chaji, with its clear brand positioning, does not wish to engage in such price-cutting competition. It believes that platform subsidies are only a temporary phase and that the market will eventually return to its original state. For brands that have resorted to undercutting prices, it will be much more challenging to adjust their pricing back, and maintaining customer loyalty will also be difficult. The current ongoing decline is an opportunity for those who identify with Chaji’s development philosophy to gain more support.
Bluechipminus3 : Is there any point in continuing to deceive yourself?
106389657 OP Bluechipminus3 : actually anyways most of portfolio is in other stocks that are winning .So believe in the company fundamentals and put some here ..
106389657 OP Bluechipminus3 : are u a shorter or losing position? .Dont put ur emotions into actual fundamentals
106389657 OP Bluechipminus3 : i certainly think that it can go down to 12-13 but 10 and below impossible .The upside potential is more at this price point
Bluechipminus3 106389657 OP : It's time to turn back, the pyramid schemes that Chinese people used to run are outdated now, kid.
Bluechipminus3 106389657 OP : Are you still trying to figure out if you want money, begging, or just being foolish? Let your performance speak for itself. Since the market opened, you've just been coasting along, and you still say the fundamentals are really that abundant in the market?
MrYuan : You are mistaken. Major shareholders would not manipulate the market; they simply do not sell. If you do not believe it, just wait for the announcement.
ScorpioRebelliousTV Bluechipminus3 : I have no idea who convinced this group of people. I just watched them shouting to buy all the way from 28, and they kept purchasing until Chagee's price dropped to 15.
I am truly amazed by their actions; it has really broadened my horizons.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
They are still shouting to buy, hahaha.