Jun. 23 at 6:10 AM
$BIDU $JD $BABA $KWEB The biggest problem with CN bagholders is denial and reluctance to accept facts cz they think they found a ‘cheap’ stock based on excel models. As I mentioned in my tweet the data researcher is Chinese based in Beijing not wall street - now of course that firm will be taken to task by the CCP. 4% growth for a ‘growing’ economy after a 15% growth and after stimulus, subsidies and pledges being thrown is worse than peanuts. Retail sales is down, home prices haven’t recovered and GDP growth is being cut. This was supposed to be the ‘good phase’ - tariff truce, lower rates, stimulus. 🤦♂️
