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kjjamal510 t1_j12f6ef wrote

Gotu do what you gotu do

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ConsiderationOne5943 OP t1_j155wp2 wrote

https://preview.redd.it/xq1il1dtdc7a1.jpeg?width=1080&format=pjpg&auto=webp&s=08b719e4e245a59824524d2bdd09992482d1d8f5

Small update, my hands are sweaty, arms weak but for selling I'm not ready!

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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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1

tickle-tickle t1_j12dhsf wrote

How did you hear about this and what was the reason you took a position?

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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.

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Independent_Read2676 t1_j12cvdx wrote

Damn, good for you man! That chart gives me a half Chub. Take half the profit and gamble the restimg

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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!

−1

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!

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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.

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FreshExtent8720 t1_j12pa5f wrote

Happy to see this, been following since they broke a dollar

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___daddy t1_j14b51z wrote

If it’s good enough to screenshot, it’s good enough to sell.

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2

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.

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semmifx t1_j12ropo wrote

Hello there! fellow etoro user.

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ScrotyMcboogrb4lls t1_j138fmt wrote

Please tell me you sold, this is about to get rugged

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ConsiderationOne5943 OP t1_j13emuk wrote

No it's not. It'll definitely continue to go up , might stabilize a bit.

−2

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"

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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.

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ConsiderationOne5943 OP t1_j14yafn wrote

Zoom out to the daily chart and tell me that it's past it's peak

1

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.

0

ConsiderationOne5943 OP t1_j152fyh wrote

I guess you are one of those Tesla buyers?

0

ScrotyMcboogrb4lls t1_j154up7 wrote

Lmao no, fuck Tesla, fuck any EV company.

Why would you assume I buy Tesla because you are being greedy?

1

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. 👍

1

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.

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MJHologram t1_j13gmfq wrote

Lol, you’ll always have a screenshot as a reminder of your stupidity

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ConsiderationOne5943 OP t1_j13gwe9 wrote

Thanks, will check if my 1200% increase of past 2years will be hit badly in a few months!🙏

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Mortifer6 t1_j13jx6n wrote

Bags of Gotu bout to be gotchu holding bags gtfo mate

2

Luckedout_ t1_j13xjai wrote

It’s the 0.74 cents available for me.

2

No-Cry-1678 t1_j14sr4x wrote

Mind donating those 74 cents?

2

GiacoPc t1_j15ii93 wrote

That's nice.

2

WatchAttention t1_j15wge7 wrote

You don’t belong here with those gains

2

wabbott82 t1_j15wxra wrote

I got in on this. I think it will go to 5$ then I’m out.

2

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.

2

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1

Elderberry420 t1_j14i84x wrote

Is this option trading?

1

ConsiderationOne5943 OP t1_j14xx3j wrote

No it isn't! Haven't tried it so I'm not comfortable with it!

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Elderberry420 t1_j14ygaf wrote

In that case, holy shit. Those are incredible gains. My next question is how?

1

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!🙏

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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.

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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!

2

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 :|

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my5cent t1_j15cn16 wrote

Why not in baba or other Chinese stocks?

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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!

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my5cent t1_j18ippn wrote

What's pcoab? with the exception of education reforms, every other Chinese stock was affect by the same.

1

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

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rj271990 t1_j1ldwfs wrote

Please send me 1k so I can start trading $rj271990 thanks lol

1