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re: Any long shot stock success/failure stories?
Posted on 12/2/23 at 11:52 am to Thundercles
Posted on 12/2/23 at 11:52 am to Thundercles
I bought a ton of Luckin coffee when it came out they were making up their numbers in 2020. My thesis was no one rallies around a native company like the Chinese and all Chinese companies fudge their numbers but Luckin just got caught by Hindenburg. Stock went from $30s to under a dollar in a few days. I bought mine around $1-2. I made a killing selling it between $10-15 later.
Luckin is $32 currently but I was happy 10x my money.
Luckin is $32 currently but I was happy 10x my money.
This post was edited on 12/2/23 at 11:55 am
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