Chinese Fraud
Didn't make sense that this company was doing better than SBUX during the coronavirus crisis. It didn't even take a hit but actually INCREASED mid January when the coronavirus started really ramping up. I'm not saying short Chinese companies, but the lack of regulation, fraud and widespread corruption is something that makes me nervous trading Chinese companies. Who knows who else has been fudging numbers.
LONG SBUX 4EVER
LONG SBUX 4EVER
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.