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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 Aug 03, 2018 2:13pm
61 Views
Post# 28411684

RE:RE:RE:RE:RE:This junk is going to 10 bucks

RE:RE:RE:RE:RE:This junk is going to 10 bucksIf you don't need that money anytime soon, just hold onto your shares. Why get shaken out by the market makers? Swing traders and bears might convince you otherwise, and take advantage of macro news, tariff headlines, and so on. but there's nothing fundamentally deficient with this company. This is not say that won't ever change of course. These guys had a good ER. The upside is still enormous. 67.1M subscribers... 1.3B people in China.  The stock has run up ~60% since IPO and you probably bought into it high for FOMO. Pull backs should be expected. When institutional ownership goes up, and they raise price targets, but downgrade a stock, you should try to read between those lines.

Here's my advice. Stop looking at the day to day movements, and come back in a couple of months, probably not before Sept 25, near the lock-out expiration, because I guarantee you the same fear mongers will try to create more buying opportunities. Good luck and please stop sh!tposting on this board.
Bullboard Posts