The stock price trend of a certain real estate giant is putting on a terrifying free-fall show.
Since September? The one-sided plunge mode has started. 7 yuan, 6 yuan, 5 yuan—each key level is lost one after another. Every time, someone claims "this time it's stable," but each time it only marks the beginning of another round of people getting trapped.
Below 5 yuan, there were three small bullish candles—"bottoming signal"? Too naive. Today, during trading hours, it was smashed directly to 4.81 yuan, hitting another near ten-year low. The adjusted price is even scarier: from the historical high of 36.37 yuan, it's now down 87%. What does that mean? Anyone who bought at any time over the past ten years is underwater now, without exception.
Those who believe in "value investing and long-term holding"? They've lost so much they're questioning life. Once an industry benchmark, now a complete mess—who could have seen this coming?
Yet more and more people are trying to catch the bottom recently. Their reasoning is pretty much the same: "It has to be cheap enough by now, right?"
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0xInsomnia
· 45m ago
Once again, it's the same old trick of "cheap enough," spoken as if it's real. Dare to buy the dip even after a 87% loss over ten years—now that's a big heart.
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StablecoinAnxiety
· 12-10 02:48
This wave is really insane, an 87% drop—what does it even feel like to experience the full cycle in ten years... I can't imagine.
People trying to catch the bottom are getting crazier and crazier, they really dare to buy in, their mentality must be unbelievably strong.
Every time someone says "it's stable now," it hits a new low the next day. Aren't we tired of this pattern already?
Value investing is a joke right now. Who would've thought the benchmark would crash like this?
Is it really going to keep dropping below 5? I'm honestly speechless.
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NotFinancialAdvice
· 12-10 02:47
Here comes another wave of bottom-fishers, but cheap bargains are all traps.
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From 36 to 4, that's some serious endurance—gotta respect the courage to buy the dip.
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"This time it’s steady" must be a curse—every time someone says it, it keeps dropping.
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Everyone who bought in the past ten years is underwater now. What does that tell you?
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The bottom signal has shown up three times already, and you still want a fourth?
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Should you buy just because it’s cheap? Then why is it still dropping?
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Once a blue chip, now a complete mess. Truly ironic.
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I just want to ask if anyone actually bought in at 7.
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How do long-term holders feel right now? Just imagining it hurts.
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One support level after another is breaking—this isn’t just a technical issue anymore.
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GateUser-e87b21ee
· 12-10 02:47
It’s the same old “it’s cheap enough” argument—really gutsy to bet on that. I bet ten years from now we’ll still be swallowing this bitter pill.
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NewPumpamentals
· 12-10 02:35
Bottomed out? Ha, I've been hearing that word for three years, and every time it's a new low.
Someone's buying the dip again, just wait, we'll hit new lows next month.
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0xSunnyDay
· 12-10 02:32
To be honest, this move is really insane... 87%, bro, this isn't investing, it's gambling with your life.
Every time someone calls the bottom, I just laugh, and then it keeps dropping. Those who are bagholding are probably numb by now.
More and more people are trying to catch the bottom? I don't get it, is it still going to drop?
Is there really any hope for companies like this?
"Swept up in a mess" is the perfect way to describe it, haha.
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CexIsBad
· 12-10 02:28
87%—this drop is outrageous. I just want to know how many people are still stubbornly holding on.
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Another wave of newbies got wiped out. The word "bottom" really should be deleted from the dictionary.
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So many people are trying to catch the bottom. In the end, they'll all go down with this stock.
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Losing money no matter when you bought over the last ten years? That's just absurd. The real estate game is completely rotten.
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Still daring to talk about value investing? You have to be incredibly clear-headed.
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New lows at just over 4 yuan, really just going all the way down with no end in sight.
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In my opinion, this stock is a black hole. The money that goes in never comes back.
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Slapped in the face again—how many times have people said "it's stable" now?
The stock price trend of a certain real estate giant is putting on a terrifying free-fall show.
Since September? The one-sided plunge mode has started. 7 yuan, 6 yuan, 5 yuan—each key level is lost one after another. Every time, someone claims "this time it's stable," but each time it only marks the beginning of another round of people getting trapped.
Below 5 yuan, there were three small bullish candles—"bottoming signal"? Too naive. Today, during trading hours, it was smashed directly to 4.81 yuan, hitting another near ten-year low. The adjusted price is even scarier: from the historical high of 36.37 yuan, it's now down 87%. What does that mean? Anyone who bought at any time over the past ten years is underwater now, without exception.
Those who believe in "value investing and long-term holding"? They've lost so much they're questioning life. Once an industry benchmark, now a complete mess—who could have seen this coming?
Yet more and more people are trying to catch the bottom recently. Their reasoning is pretty much the same: "It has to be cheap enough by now, right?"