This feels like a gamble...
If we're talking about buying and holding this company for the long term, I pretty much don't have an issue with this. The company proved itself with its past result and had recently showed signs of turning positive. Not to mention, big companies like Uber and Didi, being their counterparts in different countries had decent stake on it as well.
HOWEVER
The recent news had been very confusing. Uber increased its stake on Grab but insiders are selling their shares? Also, i had never seen a share that can have such low fluctuatuon in terms of share price![]()
(as if I'm looking at a stock trading at the Malaysian market). What would be the future for this company? I think only the coming earning report will tell...
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AnaiAnai : Uber is major shareholder. Insider sold 48k units only.
Invest Long ✓ : It do feel like a gamble, since a good fundamental company can be ruined by short sellers who benefit from other's fear. But I also believe the graph and earnings, it does show that Grab is slowly but surely becoming good again. But anything can happen, bad companies' stock can rocket while good company stock drop. All we can do is to choose a company we trust and invest long.
Greedy yet Fearful : Want to gamble? Play Ryde. No profolio, no company, no bussiness (ones and only riding apps which is already not in good shapes.) no others support and only insiders and publics paying. Put your stacks. Bet up to win and down to loose. Simple as ABC. Hahaha