2Wk·

BYD Sell

Might buy again in the future. Idk what we’re doing. Gives us $25,000 more to redistribute.

14.05
BYD logo
Sold x2050 at $12.54
$25,709.97
0.78%
5
6 Comments

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I am in the same position now. Already more than one year deep in the red…
2
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@Tim00sterhout I wise leasson learned by myself in the past, every stock in the car industry, is a waste of time (and money) even BYD have more then just cars, it will always be and seen as a carstock
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@etfbaas yes, I have it from the beginning, but I learned one lesson through the years, the geopolitical risks. But I just keep it for now.
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@Tim00sterhout fortunately, we haven’t held for long. But we want to be exposed to the Chinese market, but unsure about which stocks to pick. There’s Tencent, Alibaba…but already high valuation
I did the same one month ago. Realised losses 😬 maybe come back later. It’s still an interesting company
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@MMeier Yes, definitely an interesting company! But it takes some time to decide what to invest in regarding EV, looks like the market is going to be saturated at some point.
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