Post by
prested on Sep 20, 2021 10:06am
Evergrande taking PKK down?
Seems like it might be the time to trim my investment here for a while, if not liquidate it entirely and wait t buy back at a lesser price later. Any ideas?
Comment by
bmo1212 on Sep 20, 2021 10:10am
When and at what price will you buy back in?
Comment by
lscfa on Sep 20, 2021 10:20am
Seems dumb to sell just before co. raises guidance.
Comment by
StayPostive on Sep 20, 2021 10:50am
Wouldn't the Evergrande collaspse be benefiical for PKK since the whole platform is a hub for Lending / Lender. People will need to borrow money more than ever and this service allows them to connect with ea other much easier/faster for a small fee
Comment by
lscfa on Sep 20, 2021 11:05am
Chinese govt. is always trying to support small business and lending hub helps with that. https://www.scmp.com/economy/china-economy/article/3118850/chinas-small-businesses-urgent-need-support-protect-jobs-and
Comment by
Nakate on Sep 20, 2021 3:48pm
yep A good time to raise fees
Comment by
rixpix on Sep 20, 2021 11:38am
If you're making good profit it's always a good idea to take some $$ off the table. I sold half my position @ $14 the day PKK announced their Nasdaq listing. The old addage, buy on rumour sell on news works most of the time. Will only buy more again in Dec, (TX loss season) if the price is lower. If not, I'll stay put with what I have. GL with whatever you decide.
Comment by
Frescoz on Sep 20, 2021 2:21pm
this is a general market pull back nothing to do with PKK