Luckin Coffee LK

8,546 Views | 52 Replies | Last: 15 days ago by PA24
PA24
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AG
.so we all know its history but even with all its baggage, it is still very popular in CHin-na.....
a dark horse in 2020 that returns many xxxxx over or the trust is gone forever hence a loser?

I bought 1000 shares today and will track daily.

Wish me luck


But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
tam2002
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AG
That's probably the last company I'd buy 1000 shares in but good luck to you
Spaceship
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The US is putting Chinese firms on our exchanges under higher scrutiny, we don't know their real financials yet, they may get delisted and the Chinese don't drink coffee like we do. It seems like an attractive gamble but I'm staying away - at least for another quarter and once if/when it's confirmed they aren't being delisted.
Dr. Horrible
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When I was in China it was a pain in the ass to get real coffee. No one drinks it. It's a tea culture.
Bob Knights Paper Hands
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It must have been awhile since you two have been to China. The last time I was there you couldn't swing a dead cat around without hitting a coffee place. The Starbucks stores had just as long of lines as you see in the states.
Bob Knights Paper Hands
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...but back to the OP... there's a lot of risk. You don't truly know the upside, since previous prices were based on phoney numbers. Plus it seems likely that if any Chinese companies are delisted this one would be singled out as one of the first to go.
The Debt
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Has OP even seen the news on it? It's a complete scam, get out fast

https://www.wsj.com/articles/behind-the-fall-of-chinas-luckin-coffee-a-network-of-fake-buyers-and-a-fictitious-employee-11590682336
Old Buffalo
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"I know Enron has some baggage, but it's bound to come back at some point"
Dr. Horrible
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Bob Knights Liver said:

It must have been awhile since you two have been to China. The last time I was there you couldn't swing a dead cat around without hitting a coffee place. The Starbucks stores had just as long of lines as you see in the states.
True. Now that I think about it, it was over 10 years ago. Definitely doesn't feel that long!
The Pilot
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Bob Knights Liver said:

It must have been awhile since you two have been to China. The last time I was there you couldn't swing a dead cat around without hitting a coffee place. The Starbucks stores had just as long of lines as you see in the states.



This is my take too. We were in Shanghai last year, they have the worlds second biggest Starbucks.
PA24
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AG
....I am up 6%.

This is a risky stock but one u should have on your watch list......I may cash it out on Monday and let the profit ride for awhile before I jump back in.

Over 42,000,000 shares traded on Friday.
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
Agzonfire
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Over $2.5 now. Bought in around $2. I'm curious as to when they'll release an earnings report and how the stock will react to it.
fig96
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Probably my most dramatic but luckily tiny investing mistake so far, super small investment but I put a few hundred bucks in when it was recommended by a lot of services. Not even worth selling at this point so...yeah.

It's probably worth a flyer at its current price though.
PA24
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AG
I ended up buying more

Call me irresponsible but I may really go nuts with this stock if it hits $5.
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
The Pilot
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AG
up big today
PA24
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I am staying in....

risky but a possible a buyer is what I am reading.

But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
PA24
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AG
I also like
WES
OIS
SPN
NBR
LUV

But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
thirdcoast
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AG
What's the target? How high will this run? Hold into earnings?

What you guys doing?!

I finally catch a break!
PA24
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I dont think it is a pump and dump but it looks like it.
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
PA24
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AG
I am on house money as I am pulling out...get back in at $5.00
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
PA24
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AG
sold out at $4.12

nice profit....

back in at $5
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
PA24
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AG
+81MM shares traded so far.

I remember back in 2008/2009 when I watched a coffee stock in south america go from $2 to $50.

Not saying this is going to do that but there are some positives to this company if you do some research and weight the risk.

The scary part of owning this stock....if the exchange stops trading it....so move forward with caution.


But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
thirdcoast
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AG


Pompeo is short LK and not happy today!
The Pilot
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AG
About to go over 5.
The Pilot
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AG
I jinxed it, sorry bout that.
Agzonfire
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I'm an idiot. Bought in around 2.30, sold at 3.15. Just didn't see this rocketing so quickly.
IrishTxAggie
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AG

Here is the daily options flow for you junkies. These are all calls
Agzonfire
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Today looks interesting...
PA24
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AG
I am going back in.

Someone stop my madness please.

Also buying some Hertz Global
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
The Pilot
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AG
oh wow.
Bird Poo
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AG
I bought at $8 and thought I would never see that money again.

Now I might see a profit.

Mudcat
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AG


Sold 4500 shares yesterday between 3.90 and 4.40

Bought at 2.60

Still have 500 shs

PA24
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AG
It doubled in a week...


More than doubled...


Thinking it is time to double down some more.

Like playing with matches...eventually going to get burned.
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
texagbeliever
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Spend $250 on a 7.50 call option? Downside is a $250 loss while upside is much higher.
PA24
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AG
texagbeliever said:

Spend $250 on a 7.50 call option? Downside is a $250 loss while upside is much higher.
I will try it.
But, one thing is clear: there can be little debate that, among other things, the President's pressure exerted on Vice President Pence to violate his oath, and the false hope it sent to emotionally charged supporters, was wrong, troubling, and impeachable.
Liz should be commended, not condemned, for standing up in defense of the Constitution and standing true to herself
Chip Roy
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