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Technology Stocks : iQIYI (IQ) -- Ignore unavailable to you. Want to Upgrade?

To: Lynn who wrote (74)	7/18/2018 5:00:28 PM
From: da_spot	1 Recommendation Recommended By Lynn Respond to of 193

Hi Lynn, I've been trading IPOs for a while now and, in my experience, of course there are many IPOs out there that have no business coming to the public market in the first place as they are either such junk or just not ready. However, as long as one sees merit in the fundamentals (valuations, potential sector leadership, or some other aspect of the "story") and gets into a core position at a low enough cost, then there is enough cushion in place to let the stock play out. Nothing goes up in a straight line and stops are important but if one is able to trade around a core (ie. manage the greed/fear emotions), then these gems in the rough type of IPOs can be quite profitable and fun:) That said, I like both HUYA and IQ as longer-term China plays. In other words, "buy right, sit tight" seems to be the motto here. At the moment, I'm favoring HUYA a touch more based on the fact that gaming as a spectator sport is a new and growing phenomenon. I'm no gamer so have no first-hand knowledge to speak of and a friend told me that it might be for people without much of a life, but there is no denying the trend lol! One important positive point that the article fails to mention is that large Chinese companies such as TCEHY, YY, BIDU are now essentially acting as VC firms. To put it in perspective, in the case of IQ, this would be like GOOGL being the parent of NFLX! After reading the article, I can't stress enough the judicious use of stops. Also, note how IQ, HUYA, BILI etc follow each other. IOW, when/if Chinese stks lose their momo, well you have to know what to do... I hope this is helpful to the thread and might spark some discussion. My kids are acting way too wild these days for me to be able to write in more detail.

To: Lynn who wrote (74)	7/18/2018 9:53:32 PM
From: Cornstock	1 Recommendation Recommended By Lynn Respond to of 193

Another way to look at IQ if you might be thinking of it as a NFLX of China then consider comparing IQ and NFLX..... NFLX was selling at about $15.00 in 2015 and today it is selling at $375.00. And today NFLX is selling at 251 times earnings (unbelievable) with an earning per share of only $1.40. And AMZN was selling at about $70.00 a share in 2007 and is now at about $1840.00 with 240 times earnings and earnings per share of $7.95. So if IQ continues it's incredible growth rate for the next few years, nobody will care much what the earning are. Of course NFLX and AMZN are anomalies so let's hope that earnings won't matter but growth will. Just another way to look at it.

To: Lynn who wrote (74)	7/18/2018 11:14:01 PM
From: bobby is sleepless in seattle	Read Replies (2) \| Respond to of 193

Could happen with any stock, could drop 50% or more, could go up 50% or more, a bunch of could of's but I get it the article's point with IPO's,,, and I'm not a fan of Crammer. As soon as I see his crap on CNBS, I turn the channel. He's toxic. I bought BABA at 102 and watched it double bottom at 60 only to go to its current levels. FB did something the same at the beginning... IQ remains fascinating and earnings reports will tell the tale especially with subscriber growth. If it continues to outpace whisper numbers, the likelihood of such a fall will be related to a bigger issue. There are two other major players in the IQ arena and they cannot be discounted, TCEHY and BABA although IQ has momentum along with some great shows. Tencent and BABA have tremendous platforms for their services as does IQ with BIDU and JD. let's see who wins the race a few years from now... Speaking of which, I don't own TCEHY but sure looks interesting here near its pivot point, which way will it go? I might have to pick up a few shares...