I do bet on underdogs sometime-To The Moon - Tiger Brokers Online Investing Community - To The Moon

I do bet on underdogs sometime where I do see potential turnarounds. One example being $BlackBerry(BB)$ . I made some money in the counter, booked profits and went on a correction but saw it going further down. Hence holding it for thr long run. Another one I do see making a potential turnaround is $Intel(INTC)$ & $UnitedHealth(UNH)$ . Yesp, it's a long waiting game.

Follow $BABA Trend or Bet on an Meituan's Underdog Comeback?

This Wednesday, $MEITUAN-W(03690)$ released its latest earnings report. Profit pressure led to a sharp plunge in its stock price. Just one day later, $Alibaba(BABA)$ reported earnings and jumped 12%. At the earnings call, Meituan CEO Wang Xing said: “In a big competition, being the underdog is the most exciting position to be in. That’s why this is so thrilling.” Will you bet on the underdog or ride the surge? Why underdog? The popular one may have fewer upside potential. Risk-reward ratio may be low. Why the major trend? At least you won’t lose money on Nvidia.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Sandyboy
09-01
Sandyboy
@Subramanyan good strategy
LEESIMON
09-01
LEESIMON
🩷Good

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Profit pressure led to a sharp plunge in its stock price. Just one day later,  $Alibaba(BABA)$  reported earnings and jumped 12%.\nAt the earnings call, Meituan CEO Wang Xing said:\n“In a big competition, being the underdog is the most exciting position to be in. That’s why this is so thrilling.”\nWill you bet on the underdog or ride the surge?\nWhy underdog? The popular one may have fewer upside potential. Risk-reward ratio may be low.\nWhy the major trend? At least you won’t lose money on Nvidia.","image":"https://community-static.tradeup.com/news/aece60a01b4f6d596c0e48654e957118"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>I do bet on underdogs sometime where I do see potential turnarounds. One example being&nbsp;<a href=\"https://ttm.financial/S/BB\">$BlackBerry(BB)$&nbsp;</a>. I made some money in the counter, booked profits and went on a correction but saw it going further down. Hence holding it for thr long run. Another one I do see making a&nbsp;potential turnaround is&nbsp;<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$&nbsp;</a> &amp;&nbsp;<a href=\"https://ttm.financial/S/UNH\">$UnitedHealth(UNH)$&nbsp;</a>. Yesp, it's a long waiting game.</p></body></html>","htmlText":"<html><head></head><body><p>I do bet on underdogs sometime where I do see potential turnarounds. One example being&nbsp;<a href=\"https://ttm.financial/S/BB\">$BlackBerry(BB)$&nbsp;</a>. I made some money in the counter, booked profits and went on a correction but saw it going further down. Hence holding it for thr long run. Another one I do see making a&nbsp;potential turnaround is&nbsp;<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$&nbsp;</a> &amp;&nbsp;<a href=\"https://ttm.financial/S/UNH\">$UnitedHealth(UNH)$&nbsp;</a>. Yesp, it's a long waiting game.</p></body></html>","text":"I do bet on underdogs sometime where I do see potential turnarounds. One example being $BlackBerry(BB)$ . I made some money in the counter, booked profits and went on a correction but saw it going further down. Hence holding it for thr long run. Another one I do see making a potential turnaround is $Intel(INTC)$ & $UnitedHealth(UNH)$ . 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