btw @Southie can you explain what’s happening there
Re: China bans major shareholders from selling their stakes for next six months
Their stick market has double in the last year, IN SPITE of the 20 or 30 pct drop in last couple months. It was overvalued at the peak. And is still overvalued.
Looks like the govt is artificially trying to keep prices up.
As we have said, the price you pay matter. The more overvalu3d the stock you buy, the less potential return.
Re: China bans major shareholders from selling their stakes for next six months
Re: China bans major shareholders from selling their stakes for next six months
That you do, good sir!
Re: China bans major shareholders from selling their stakes for next six months
Re: China bans major shareholders from selling their stakes for next six months
This is not a laughing matter.
Re: China bans major shareholders from selling their stakes for next six months
Sorry…
.. Continue with the topic ..I am gonna read..
Re: China bans major shareholders from selling their stakes for next six months
This is also not a snapping matter.
Re: China bans major shareholders from selling their stakes for next six months
Alot of issues surrounding credit problems (especially housing) in China. People (mainly small investors) are leveraging to invest - not smart unless you know what you are doing. Chinese Government is adding to the problem by directly investing in the markets. Everything is overvalued. Time for corrections.
Re: China bans major shareholders from selling their stakes for next six months
Alot of issues surrounding credit problems (especially housing) in China. People (mainly small investors) are leveraging to invest - not smart unless you know what you are doing. Chinese Government is adding to the problem by directly investing in the markets. Everything is overvalued. Time for corrections.
Yes being leveraged is bad to begin with. Being leveraged and long at market peaks is probably not too smart.