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To: roto who wrote (3473)1/29/2022 3:02:57 AM
From: Sun Tzu  Read Replies (2) | Respond to of 10522
 
The whole point of the Olympics is supposed to be an event where everyone leaves their animosity aside and engages in sportsmanship. Then at the end of the game the people shake hands, exchange jerseys, or whatever and part ways. So yes, I disagree with boycotting any Olympics. The world is too political and desperately needs apolitical events. Olympics should be one of them.

Ok, back to investing. DQ seems dirt cheap. Technically it is just below a major support MA that should break above. On the other hand it has had a 10x rise in a short time. So you can argue it both ways, but I am more on the side of it should be a lot higher than it is now.

BUT, here is the problem. It is a Chinese company. Can you imagine a western company trading at such valuations? It would never happen. Why? For two reasons: (1) transparency, and (2) free market would make people bid up the stock once that value was obvious. And if the people did not, another company would buy them out. And if that didn't happen, then the shareholders would oust the management and appoint someone who would unleash the value.

Now tell me why and how should the stock go up? And I am only asking about the order flow per #2 above.