What do you think of yesterday's drop in $PDDstock ?

Community

· Nov 22

What do you think of yesterday's drop in $PDDstock ?

Pinduoduo reported results yesterday, which I thought were very good, as almost everything was up, and for example sales were up about 45% year over year. But despite the good results, the stock is down 10%, which could be an interesting buying opportunity.

A community member's personal view, not investment advice. Community Guidelines

Malcolm Stokes @stokes_malky Dec 1

It's too volatile a stock for me. I don't like it when that growth stock is volatile.

Nigel Thornton @_thornton Dec 1

The results are fine, but I am staying away from China and will not invest in it.

Clive Bennett @_clivy Dec 1

Quite an interesting company, I'll think about buying it as I would like to have China represented more in the sub-folio.

Trevor Mills @trev_mills Dec 1

The drop was significant but I don't get it, the results were great and even so the stock was down a lot.

Clive Bennett @_clivy Dec 1

I don't get it either. Are you going shopping?

James Smith @smithonian Nov 24

It's China and I'm giving my hands off 😂

Bill Combs @billcombs Nov 26

Exactly, I have it the same way😂

⌘ K

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