Looks like it is bound to rise. No real risk of probes or restrictions, 120 million user base, and no threats of being replaced by innovations. But I would still recommend Tencent if I am going to invest in chinese stocks. Its value is way more than some hundreds of billion dollars and the company will almost never go out of business. But still momo looks way undervalued.
F
They'll do this hold pattern at around 16.5 (given a normal broad market) as long as they continue getting any sellers of any kind, or as long as they have shares to package here for a LARGE buyer. They'll call this a "consolidation". It's a term that does not apply, but it's used anyway, so people can pretend they know what is going on even if they don't. :)
When the collection or packaging is done, it moves to 16.75 and above, new excited buyers show up. A bigger set of buyers will how up above 17.4+ and a HUGE set of buyers will show up above 20. No idea why people behave in this way, but they do. They have been TRAINED by the market-makers.
If this is correct information from Yahoo this is way undervalued 69.23% % of Shares Held by Institutions 71.48% % of Float Held by Institutions
s
But our contrarian indicator benjo is disappeared? for weeks he scream "is a scammmm!!" ... "i say you 7$!!!" Shorting company with p/e 7 that in last 5 years grown revenues 800% must to be psicopatic and understand ZERO about fundamentals. Now the magician are broken and he spam other his "target price" in other boards. He was watching just charts and after the huge sector rotation value (with very low p/e but in downtrend) vs momentum stocks (average p/e 500 but in uptrend) happened in october he is gone broke.
M
Look at the PE ratio IT IS RIDCULOUS!!! Consider this: Momo is going to improve earnings meaningfully in next months PLUS they buy back ca. 8% of company = EVEN LOWER PE, this will be in the 50s again, GOLDEN OPPORTUNITY NOW!!!
K
I bought MOMO stock at 12.5 ~ 13.5 usd / 1800 shares.
^--------^
F
Pretty good odds that she'll start to spike up now. We want to take 17 and 17.3. As soon as the scent of that is on the volume will climb. So keep an eye on volume for now. It has a trip-switch.
F
Volume goes from 3M to 6M in 30 minutes. It was 3M at 3:00 pm. Check it at 3:30 pm.
R
momo like GameStop. shorts need to leave now or else. shorts have been keeping it down for months
F
They are generating synthetic churn. The intent is to flush out sellers. You flush out sellers when you want shares. The run-rate is high. If it stays that way and buyers show up,even sporadically ...... esp. large buyers .... it will crack 17-17.5 very soon. Sitting tight is always important, no matter what.
M
LOTS of smart people bought in 4th quarter, look it up! Phantastic
M
Momo Golden Dragon rising fast, all in!
R
Well that was short lived.
F
Expect a VOLUME BLOWUP at any instant ....... the conditions are ripe ..... and not just because Martin ate a whole bucket of Tiroler Grostl and Tafelspitz Knodel both for dinner last night and breakfast this morning. That's just the tip of the iceberg. Sit tight and watch as they expertly flush out the unruly and spike up through Tanzania.
M
Patience wins always, we will see 50s again with this jewel! STRONG BUY
M
Momo x5 end of the year, company market cap of 16 billion easily! Last chance to buy on the cheap! GOGO MOMO
M
With Bumble IPO in February and Kuaishou coming too, US investor interest will be increased substantially ! Smart money already buying, buybacks starting again too: STRONG BUY
F
The brave longs are now putting on warm, strong woolen underwear .... as the get ready for the charge at the 200MA. Now they plot and plan. The rest is cake.
When the collection or packaging is done, it moves to 16.75 and above, new excited buyers show up. A bigger set of buyers will how up above 17.4+ and a HUGE set of buyers will show up above 20. No idea why people behave in this way, but they do. They have been TRAINED by the market-makers.
HOLD LONGS $GME $BB $NOK $NAKD $EXPR $AMC $AAPL $BABA $TSLA $MSFT $QTT $NMTR $IQ $MOMO
69.23% % of Shares Held by Institutions
71.48% % of Float Held by Institutions
^--------^