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Devin22

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Keep an eye on this Stock - IQ.  iQIYI, Inc.
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This is the Chinese version of Netflix....The company recently had their IPO. Short term you will see some volatility and some downward pressure but this stock will be moving up.....This company is owned by Baidu, Inc. (BIDU), which is a high flyer stock in itself......
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Good luck......


Devin22

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Reply with quote  #2 
I hope you got in as it sky rocketed up today.....
keepinitreal

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Reply with quote  #3 
I couldn't find it on the Snopes 'watch-em', recommendation page
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woody

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Reply with quote  #4 
https://www.nasdaq.com/symbol/iq
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uwApoligist

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Reply with quote  #5 
I don't know who Jd.com even is.
Devin22

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https://www.nasdaq.com/article/why-axon-enterprise-tripadvisor-and-iqiyi-jumped-today-cm961239
Devin22

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Reply with quote  #7 

https://finance.yahoo.com/quote/IQ?p=IQ
Devin22

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Reply with quote  #8 
The stock made a big run today. Probably will do some settling here in the $18.00 doll range for a bit and then move up......
uwApoligist

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Reply with quote  #9 
Yeah I saw they went up big.  They are saying because jd.com is giving them lots of new customers, like 1M in 1 week.  But I do not know who jd.com even is.
woody

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Reply with quote  #10 
Well, if you have preferred stock, and can sell that in advance of the public during the time period of an IPO, what me worry? Maybe we should start a Misc forum IPO and shop it. If you have been here for less than 4 years, sorry but no preferred stock options for you. In addition, if you frequently change your screen name, then you are likewise SOL.
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Devin22

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Reply with quote  #11 
OMG. Talk about sky rocket! Check it out today....Moving baby....
mikec

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Reply with quote  #12 
I dumped my whole life savings into it. Thanks for the tip. Took out an equity line on the house, and cashed in my 401k. Man am I happy.
Devin22

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Reply with quote  #13 
The stock is now settling in the $20 dollar range for a bit, going to be some volatility, and some accumulation will happen and then $23.00.....Good luck  
Devin22

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Reply with quote  #14 
In the green again...Moving up...

https://finance.yahoo.com/quote/IQ?p=IQ
Devin22

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Reply with quote  #15 
Do you own DD, Due Diligence. Some volatility on the horizon.....But trend will be up..... 
ForeverInBlue

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Reply with quote  #16 
Quote:
Originally Posted by uwApoligist
I don't know who Jd.com even is.



You’ve heard of Alibaba? The Amazon Of China?

Well, JD is the lite version of Alibaba, but has tremendous growth and some advantages Alibaba doesn’t have - like a wider network of same-day/ next-day delivery capabilities. They’re sitting pretty and another good bet, if you’re willing to bet on chinese companies at all.

The JD deal was good for IQ’s continuing (explosive) growth, which is what you’ll need to continue as they (IQ) are far from being profitable.

Notable that IQ is a spin off from Baidu (Nasdaq BIDI) which may be a better bet than IQ, they’re heavy into AI, notably Virtual Home Assistants and Self driving software, and are already known as Chinas answer to Google.

Much of this sounds great, and is, unless Xi wakes up in a foul mood one day and decides all this capitalism isn’t actually compatible with Communism, then you’re just f*cked.

Keep an eye on the current ZTE debacle for hints at which way the wind will blow on China and trade in the coming months. Many are going bonkers over Trumps tweet this morning.
uwApoligist

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Reply with quote  #17 
I read the articles.  They were quite excited.  I definitely know Baidu, worked with them back when I was at MSFT.  Helped them solve a number of technical challenges.    Held their stock on foreign markets a very long time, long before anyone in US knew them.

But really I am not seeing anything about fundamentals.  Just he hard push on the stock going up (marketing to investors).
What does the promotion on jd.com doing to drive customers to iQIYI, Inc?
How much is  iQIYI, Inc paying for this promotion (cost of a customer)?
What is the expected retention rate, EBITDAs?

I am glad this stock went up for Devin22 and those that are in on it.  I just can't really tell you why it went up, outside of hype.  Small investors get eaten, often, on hype. 
Devin22

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Reply with quote  #18 
Some things I look for in a stock.
1. Growth potential - the runway is long for growth potential here
2. Competition - IQIYI, Inc. basically has a foot hold on the video streaming business in China. That's why it's called the Netflix of China.
3. Volume - Shared being traded.  Volume is picking up.
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The IPO was recent so you will see some volatility here. 
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Just for example, do you want to buy Facebook when it was $20.00 or now that it is like $186.00....
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The IQ stock could hit $19.00 if we get some downward pressure, or it might have support, found it's footing over $20.00 and on up we go.  
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This is a momentum stock and can move quite a bit. In these early stages it is not for faint of heart.....Good luck....
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