With Alibaba and the other Large Cap tech giants in China coming under heavy scrutiny and anti-trust regulation opens up the door for PDD to take off and assume a lot of market share. Tencent and BABA tower over PDD which is only a Mid Cap company. Taking into account the law of large numbers, a mid cap company has much more Alpha potential albeit with slightly more beta.
20 day MA just broke through the 50 day MA on the news and I expect this trend to continue as the story plays out. China wants to fight the giants to make room for the little guys; well here's a medium sized company that you don't have to worry about its business plan failing altogether.
Pinduoduo, or Pindoodoo as I like to call them, are integrated in almost every facet of life in China either in the forefront or behind the scenes. Go long! #LongandStrong
20 day MA just broke through the 50 day MA on the news and I expect this trend to continue as the story plays out. China wants to fight the giants to make room for the little guys; well here's a medium sized company that you don't have to worry about its business plan failing altogether.
Pinduoduo, or Pindoodoo as I like to call them, are integrated in almost every facet of life in China either in the forefront or behind the scenes. Go long! #LongandStrong
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.