Post by
retiredcf on Aug 08, 2021 7:20am
Opinion
Very few people here so pretty much talking to myself but here you go. GLTA
Ques: The "cold war" with China appears to be heating up and it is putting restrictions on its own national companies listed on foreign stock exchanges.In light of this changing and rather negative context, is it time to sell GOOS?
Answer: China is a risk, and needs to be considered, but we think GOOS has enough going for them that this issue in particular would not be a reason to sell. There is still a big opportunity and investors have likely already discounted the China risk. Thus, any good news on the situation could have a more positive influence. GOOS is showing very good momentum and we would be reluctant to sell into that.
So said 5iResearch.