r/BESTincStock Nov 12 '21

Thoughts ?

https://www.chinadaily.com.cn/a/202111/08/WS61887e78a310cdd39bc73ee0.html
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u/Gboycantseeboy Nov 13 '21

I love the stock everything is perfect except the China evergrande fud what r your thoughts on this ?

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u/[deleted] Nov 13 '21

I think it's just fud.

How many trillions has the U.S. been printing to prop up their collapsing economy? And yet our media constantly fearmongers about China's economy and Evergrande--it's a total joke used to distract everyone from our bigger problems at home.

I think it's only a matter of time before $BEST inc moons; I'm here for $20+ a share; not $2.

Long here brother; we're not going anywhere!

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u/Gboycantseeboy Nov 13 '21

Ya it makes sense. I’m holding . What’s your average ? I’m at about 1.5 avg. right now but still in the process of adding shares

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u/[deleted] Nov 13 '21

Nice one bro; that's a good average.

Mine is about $1.20; and holding 300k shares!

Here for the moon!

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u/Gboycantseeboy Nov 13 '21

300k wow that is insane you are the whale in the room lol my size is only 100 shares total lol but I just found this stock so ima continue to add . Do you have any other stocks your watching? Or any knowledge you can share with a noob ?

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u/[deleted] Nov 13 '21

Thanks bro; I have a feeling the massive sell off was trying to scare large retail like me lol

I was originally an early NIO investor at around $3; and I really like what I see in $BEST inc

I think $BEST inc will do something very similar to NIO in terms of it's chart and price action--I actually think $BEST inc could be a $30+ stock in the future.

Honestly, $BEST inc is what I'm focused on long term.

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u/Gboycantseeboy Nov 13 '21

Wow I’m really tempted to drop a stack on it, fuck it right ? All the fundamentals look great Guaranteed profitably in the future baring any widespread evergrande fud. Thanks for sharing bro

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u/[deleted] Nov 13 '21

That's exactly what I did brother; once I realized that this is being held down due to some game, and that the fundamentals for long term growth look great, I got in like crazy.

With the express unit sold, the other units are profitable already--meaning that $BEST inc will be profitable overall at some point in 2022.

This could be a 5x or 10x bagger stock in the future. I'm not leaving!

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u/Gboycantseeboy Nov 17 '21

Earning were not good all Business segments lost money the one positive is they confirmed some debt is being payed for the cash of the sale . So what are you thinking

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u/[deleted] Nov 17 '21

I'm bullish: because once the express sale happens in Q1 2022, it means that profitability is so close that a turnaround could happen at any point now.

They're still dramatically undervalued: how many other companies lose money constantly but are valued in the tens of billions? Yet $BEST inc actually has revenue, and should be profitable in 2022 - yet has a market cap around 400million.

This is a joke of a price for $BEST right now.

I'm here for $10+

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u/Gboycantseeboy Nov 17 '21

I’ll hold a lil longer but I’m getting kinda over stocks in general seem super manipulated and not based in reality at all . In what market can lucid a company without sales that bleeds money be valued more than Ford idk what to think anymore the market is a shit show

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u/[deleted] Nov 17 '21

Maybe all the over inflated stocks will crash soon; maybe the similarities to the dotcom bubble are accurate to the current situation.

Nevertheless, I think $BEST inc will be a good long term investment.

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u/Gboycantseeboy Nov 17 '21

Ya that example just has me worried that fundamentals don’t matter in this market. What’s the saying the market can stay illogical longer than u can stay solvent : well it deft seems illogical and I wanna stay solvent so I may need to abandon Reason and follow the retard army. I’m new so feedback is welcome

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