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Did anyone buy the sensational dip of EDU, TAL, GOTU on Friday

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  • Jul 30th, 2021 12:05 pm
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[OP]
Banned
May 22, 2019
1469 posts
2121 upvotes

Did anyone buy the sensational dip of EDU, TAL, GOTU on Friday

I always try to resist myself, but I couldn't, and pulled trigger.

Friday's run for EDU, TAL and GOTU is hilarious. This reminds me of LK's D-day last year.

In the morning, I don't have money in my account to buy. I missed the absolute bottom of EDU. Half hour before the closing, I finally sold my BA. Bought EDU @2.79, and bought TAL @5.99

EDU's market value is currently less than its book value already. It is a safe buy now. Michael Yu is a spiritual figure and I believe his influence can save this stock.

TAL, i admit I was gambling.

GOTU, I have a lot of friend bought GOTU. However, I think this stock is still very risky by itself. The business model is so wired compared to EDU and TAL. I think it will continue to drop to one dollar range.
World cup is coming
8 replies
[OP]
Banned
May 22, 2019
1469 posts
2121 upvotes
charliebrown wrote: Borrowing from another thread

https://finance.yahoo.com/news/china-co ... 02751.html

Most of the names are listed in HK as well…you can preview the action in about 10 hrs

http://www.aastocks.com/tc/mobile/quote ... mbol=09901

Edit:
9901 down 37% in HK trading
Hang Seng Index is down 500 pts (2%)
Looks that I am wrong, HKEX is still dropping tonight
World cup is coming
Member
Jul 20, 2019
237 posts
132 upvotes
Lucky you did not buy. Another 40% haircut on these names.

Rather spending money in casino
[OP]
Banned
May 22, 2019
1469 posts
2121 upvotes
The entire China portfolio is back, KWEB increased more than 10% this morning!

God bless!!!!

No margin call this time.

Most blue-chip China stocks and their foreign partners are doing good.
BIDU
EDU
NETS
TAL
MSFT
SE
World cup is coming
Member
Jul 20, 2019
237 posts
132 upvotes
ilovetoyota wrote: The entire China portfolio is back, KWEB increased more than 10% this morning!

God bless!!!!

No margin call this time.

Most blue-chip China stocks and their foreign partners are doing good.
BIDU
EDU
NETS
TAL
MSFT
SE
EDU has some value left tho.
20% of their revenue is from non-K12, and price has dropped more than 80%.
Seems like its trading below its book value.
Deal Addict
Aug 16, 2015
1170 posts
490 upvotes
I did since they are in the china etf I own. Not worried yet really.
[OP]
Banned
May 22, 2019
1469 posts
2121 upvotes
kilburn305 wrote: I did since they are in the china etf I own. Not worried yet really.
You own KWEB?
World cup is coming

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