Submitted by ConsiderationOne5943 t3_zr8y74 in wallstreetbets
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VisualMod t1_j129o5q wrote
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ConsiderationOne5943 OP t1_j12a2hv wrote
Been in this ticker for more than a year, constantly selling and rebuking to increase share count. It finally started it's well-deserved move. It's one of the few for-profit EDU companies and compared to TAL they are in a much better position.
DarthBen_in_Chicago t1_j12a3lg wrote
Quit while you’re ahead
B3stAuD1t0rofA11tiME t1_j12bprm wrote
$0.74 Cash Available. You found the right place.
Independent_Read2676 t1_j12cvdx wrote
Damn, good for you man! That chart gives me a half Chub. Take half the profit and gamble the rest
ConsiderationOne5943 OP t1_j12daa9 wrote
I feel after flatlining for more then a year it really just started with all the positive news about low inflation, PCOAB audit agreement, government stimulus, becoming profitable again and mgmt commitment to buy 50$ million of shares buyback!
tickle-tickle t1_j12dhsf wrote
How did you hear about this and what was the reason you took a position?
ConsiderationOne5943 OP t1_j12e1mj wrote
See my previous comment, I don't take short-term positions in a stock. I try to stick to one or max 2 tickers for at least a year. Like they say, it's not about timing the market but time in the market. Went in this ticker in July 2021 first, after getting to know about the educational policy changes in China. Been reading a lot of it to understand the impact and if it would support the drop from 150$ to 0,67$. And I guess you understand what my conclusion was. This will easily get to 10$ at least, next year.
tickle-tickle t1_j12etob wrote
Thats awesome, congrats and thank you for the details
kjjamal510 t1_j12f6ef wrote
Gotu do what you gotu do
ConsiderationOne5943 OP t1_j12f6mt wrote
Thanks and yw! 🙏
KenGriffinLiedAgain t1_j12lvq6 wrote
insider trading or pump n dump. He will be sharing a cell with SBF soon enough
edward_glock40_hands t1_j12m6tn wrote
need volume to take a huge dump
xDRAGONx5943750 t1_j12mjys wrote
I would quit while that money is still there....
FreshExtent8720 t1_j12pa5f wrote
Happy to see this, been following since they broke a dollar
RandomDoctor t1_j12uqg3 wrote
I don’t think he’s lived through a pump and dump
ThatsWhatSheSaid_- t1_j135lqb wrote
Bro didn't experience a pump and dump before
ThatsWhatSheSaid_- t1_j135ogz wrote
Bro wants to test the feeling of getting dumped on
ThatsWhatSheSaid_- t1_j135pex wrote
$0.74 is $0.74
ThatsWhatSheSaid_- t1_j135q4u wrote
To dump it later on
ThatsWhatSheSaid_- t1_j135qtp wrote
Only way to make it work
ScrotyMcboogrb4lls t1_j138fmt wrote
Please tell me you sold, this is about to get rugged
Additional-Banana-55 t1_j13eg6f wrote
Gotu the bank cash out and buy a lambo
ConsiderationOne5943 OP t1_j13emuk wrote
No it's not. It'll definitely continue to go up , might stabilize a bit.
ScrotyMcboogrb4lls t1_j13fj73 wrote
Sure it is..
RemindMe! 2 weeks "GOTU"
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ConsiderationOne5943 OP t1_j13fxtz wrote
2 weeks is too soon. It might drop a little.
Remind me! 2 months "GOTU TO THE MOON"
MJHologram t1_j13gmfq wrote
Lol, you’ll always have a screenshot as a reminder of your stupidity
ScrotyMcboogrb4lls t1_j13gnpp wrote
Why would you ever hold something past it's peak, just sell and buy back in 2 weeks for +50% discount onto the current price.
ConsiderationOne5943 OP t1_j13gwe9 wrote
Thanks, will check if my 1200% increase of past 2years will be hit badly in a few months!🙏
Luckedout_ t1_j13xjai wrote
It’s the 0.74 cents available for me.
stocks_hams t1_j142omt wrote
pumpy that dumpy! How the heck did you even find this stock! Or is it just a case of you randomly like the stock?
​
Genuine Question!
gargantua-00 t1_j149pne wrote
An inside trader wont be using Etoro
BugTotal6212 t1_j14bqg3 wrote
1 wish share.
Elderberry420 t1_j14i84x wrote
Is this option trading?
ConsiderationOne5943 OP t1_j14n1sm wrote
Thanks, I'm on my way to my wife to tell her she's listed on eBay now!
No-Cry-1678 t1_j14sr4x wrote
Mind donating those 74 cents?
ConsiderationOne5943 OP t1_j14xx3j wrote
No it isn't! Haven't tried it so I'm not comfortable with it!
ConsiderationOne5943 OP t1_j14y6vj wrote
I try to find stocks that have gone through a very big drop. I did this with PBR (Brazilian president interference), GOTU (for said reasons), EHEALTH.
ConsiderationOne5943 OP t1_j14yafn wrote
Zoom out to the daily chart and tell me that it's past it's peak
Elderberry420 t1_j14ygaf wrote
In that case, holy shit. Those are incredible gains. My next question is how?
ConsiderationOne5943 OP t1_j14z0yy wrote
Thanks mate! Patience, really. If you zoom out and wait out the storm long enough, you really need to have bad luck to get a loss. Time in the market, not time the market!
Also, watching stocks that have crashed and buy these very low and sit out for like a year really helps!🙏
Elderberry420 t1_j150mki wrote
Thank you. I’ll try a new approach. I’m always after these penny stocks/low priced stocks but I’m no millionaire. Yet.
VeganSlayer t1_j151od2 wrote
Sell or be a bagholder. There is no third option.
ConsiderationOne5943 OP t1_j151t80 wrote
Check the daily chart! I am carrying these bags atm 😅
VeganSlayer t1_j151w9f wrote
This dude talking about “time in the market” on a p&d stock.
ConsiderationOne5943 OP t1_j151xv1 wrote
You'll get there! But don't be fooled by penny stocks, zoom out on daily/weekly chart and do your analysis to understand why a drop occurred to assess buying opportunities!
ConsiderationOne5943 OP t1_j1523e9 wrote
Pump and dump, really... !RemindMe 3 months
ScrotyMcboogrb4lls t1_j152928 wrote
Yes, it absolutely is at it's peak.
Whatever price something has been in the past is completely irrelevant. Especially when it's some no name Chinese tech company.
ConsiderationOne5943 OP t1_j152fyh wrote
I guess you are one of those Tesla buyers?
Elderberry420 t1_j15436i wrote
I’ll try my best. Good job on being in the green
ScrotyMcboogrb4lls t1_j154up7 wrote
Lmao no, fuck Tesla, fuck any EV company.
Why would you assume I buy Tesla because you are being greedy?
ConsiderationOne5943 OP t1_j155cjf wrote
Because you assume I bought this, hoping it would reach its previous peak (which is also invalid). I feel some hostility but in all honesty I just want to share my result of the past year even though it's been a very bumpy ride. Pointing out that it doesn't matter if at one point you are -40%> it's the storm you need to ride! Don't want to be rude. 👍
ConsiderationOne5943 OP t1_j155wp2 wrote
Small update, my hands are sweaty, arms weak but for selling I'm not ready!
Professional_Ruin537 t1_j156qla wrote
Sure, all the upward movement is in the past 1.5 month, that's the sign of a well researched value investment :|
ScrotyMcboogrb4lls t1_j158opw wrote
Well no, you told me to zoom out. Why else would you zoom out aside from looking at previous highs?
If you were down 40% why would you hold onto this now, I truly don't get what more you are trying to get out of this.
martyfox t1_j15aja8 wrote
3 Esport, take the gamble nerds playing videogames will blow up again and gambling on it might make it fun.
WatchAttention t1_j15wge7 wrote
You don’t belong here with those gains
wabbott82 t1_j15wxra wrote
I got in on this. I think it will go to 5$ then I’m out.
Special-Camel6350 t1_j165cqf wrote
You are unstoppable
[deleted] t1_j16vgqj wrote
Blakencaken t1_j16zica wrote
Wow that’s awesome!
SnortingRust t1_j1763rk wrote
RemindMe! 3 months
Toxic_Cookie t1_j17c02b wrote
Please exit your position before this becomes loss porn. You can take this amount and safely diversify it across a ton of different assets for an excellent amount of gains.
Or at least that's what I would say if this sub wasn't about holding all the way back down again. 💎🦍 Not financial advice
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ConsiderationOne5943 OP t1_j17lz7r wrote
Because educational Chinese stocks were impacted the most by a combination of delisting fears/PCOAB issues, educational reform, Chinese tensions etc!
Tao-Lee t1_j17whjj wrote
Wasn’t this the stock Bill Huang pumped over $160? I had some $60C that printed way back. I remember there being a Hindenburg Report or some short fund writing up how they were fraudulent in their reports of users. Nice gains but take out your initial investment if you’re thinking of letting it ride.
AdamAdamu t1_j18dpgn wrote
Worthless Chinese edco that has fired all its workers and no longer has a business, incinerating cash towards bankruptcy. Congrats on the gains. Good luck timing exit before the inevitable dump
my5cent t1_j18ippn wrote
What's pcoab? with the exception of education reforms, every other Chinese stock was affect by the same.
rj271990 t1_j1ldwfs wrote
Please send me 1k so I can start trading $rj271990 thanks lol
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