2Mon·

BYD Sell

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

14.05

BYD

Sold x2050 at $12.54

$25,709.97

0.78%

6 Comments

Tim Oosterhout@Tim00sterhout

2Mon

I am in the same position now. Already more than one year deep in the red…

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ETFBAAS@etfbaas

2Mon

@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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Tim Oosterhout@Tim00sterhout

2Mon

@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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STFU Capital 闭嘴@STFUCapital

2Mon

@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

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Der O.@MMeier

2Mon

I did the same one month ago. Realised losses 😬 maybe come back later. It’s still an interesting company

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STFU Capital 闭嘴@STFUCapital

2Mon

@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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