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iQIYI Inc IQ

iQIYI, Inc. is a China-based company principally engaged in the provision of online entertainment services. The Company mainly provides genuine video content such as movies, television dramas, variety shows and anime through its application platform. Through the platform, the Company mainly provides The Lost Tomb, The Mystic Nine, Burning Ice, Qipa Talk, The Rap of China and other programs for its customers. The Company has built an entertainment-based social media platform, iQIYI Paopao, for fans to follow and interact with celebrities and the entertainment community.


NDAQ:IQ - Post by User

Bullboard Posts
Comment by Passerbuyeron Jul 02, 2018 1:02pm
121 Views
Post# 28259061

RE:Short IQIYI

RE:Short IQIYI
I can't tell if you're a troll or just emotionally bipolar. In the long run, IQIYI will do well. I'm sure you realize they're owned by the second largest search engine in the world and the largest search engine in China. This stock is only at its infancy. Here's something to put your mind at ease. IQIYI is ranked 32 as the most popular site in China and has been rapidly rising in the last couple of years according to Alexa: https://www.alexa.com/siteinfo/iqiyi.com 
 
User image
 
A ton of their revenue comes from ad views in addition to subscriptions. Do a bit of research yourself and look at where some of their competitors stand, their growth rate, etc. The likelihood of a sustained 'trade war' is improbable. Concessions will be made. And people will still stream regardless of an economic downturn. The last time you were out of a job, did you stop using the internet? Did you cut your subscription to Netflix? Stop watching YouTube, Vimeo, Twitch, and so on? Probably not.Good luck with whatever you do.
 
Bullboard Posts