I don't like how promotional the company is of itself, with the press release today being borderline absurd, so I let it go for now and try to find another name.
A story from long ago revisited, they are gobbling share in China with their low cost model and the financials exemplify that. A recent analysts price target initiation of $52 and a nicely-based chart could set the stage for higher prices. Starbucks is selling its China business and the price paid could set a higher benchmark valuation for LKNCY, the #1 chain there.
Hi Saleem,
ReplyDeleteWonderful trade! Good luck on next :)
Trimmed more RZLV as it climbs, added small to WGS ASPI FATN
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with more WGS ASPI & FATN after nice trim on RZLV...
Saleem
Hi Stocktrader,
ReplyDeleteAdded 125% SLVU @ $41.57 in Toronto...
Saleem
Hi Stocktrader,
ReplyDeleteGreat trade with RZLV & good luck with more add ons.
Hi Salem,
Good luck with SLVU..
Simon
Hi Saleem,
ReplyDeleteGood luck with more SLVU! Metals are shining...
Stocktrader
Hi Saleem,
ReplyDeleteSold RZLV @ 6.20
I don't like how promotional the company is of itself, with the press release today being borderline absurd, so I let it go for now and try to find another name.
Stocktrader
Hi Saleem,
ReplyDeleteBought LKNCY @ 36.99
A story from long ago revisited, they are gobbling share in China with their low cost model and the financials exemplify that. A recent analysts price target initiation of $52 and a nicely-based chart could set the stage for higher prices. Starbucks is selling its China business and the price paid could set a higher benchmark valuation for LKNCY, the #1 chain there.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with LKNCY....
Nice trade with RZLV...
Saleem
Hi Stocktrader and Simon
ReplyDeleteAdded 50% AAPL.NE @ $32.70
Added 50% AMD.NE @ $29.50
Saleem
Hi Saleem,
ReplyDeleteGood luck with add-ons - the market is happy right now!
Stocktrader