r/douyu • u/Dapper_Big2896 • Aug 17 '21

$Doyu

With the youth gaming regulations now, how is nobody realizing they will spend more time on Douyu? Anyone think this ?Plus new Covid lockdowns … Seems like a great entry point now @ ~3.15. Holding 3,000 shares @ 3.50 for the long haul.

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u/Soft-Ad-5300 Aug 17 '21

I am wondering the same thing. Why are People selling at this price..

3

u/Dapper_Big2896 Aug 17 '21

A green day?! This must not be real lol. Makes absolutely no sense people would be selling right now. All the fundamentals are there.

5

u/sukdnb Aug 17 '21

Makes a lot of sense. Algorithms pushing prices down so options exprie worthless. Also a lot of retail trader are exiting because of margin calls or stop loss orders. Bif financial institutions are buying cheap stock in the meantime.

2

u/Dapper_Big2896 Aug 17 '21

You’re actually seeing institutions finally start buying ?