By - bigblueballsacks
I bought 645 at 15.50 day of IPO. I knew Jim Crammer was not to be trusted, but for some reason he sold me and I went for the early buy. I sold it all at $11.10 a couple weeks ago with a $2800 loss and submitted my name for the class action law suit - why not.
Really appreciate the advice. I was uncertain about cutting my losses and was hoping I could stick it out and see positive results, but I think that may be the best move for me.
Lol I have 500 at 16.45 so your doing better than me. I’m just holding and hoping it will come back. Maybe after next earnings.
Bear case: China may dismantle DiDi to their own detriment to send a message Bull case: DiDi is forced to diversify and also dismantling a central force in on demand driving and delivery is going to hurt them. They need the company to be in tact to make use of its data.
Worse case scenario they offer shareholders the ipo price or get moved to otc if delisted. Am I understanding this correctly?.