Comments by "Samson Soturian" (@samsonsoturian6013) on "China cracks down on Didi days after IPO" video.

  1. I wonder if any state officials shorted the stock last week......
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  2.  @chuongnguyen5068  it's actually a trading psychology fact with skewed payoffs. Humans are often risk averse, so when there's a high chance of small profit and a small chance of catastrophic loss we often make no bet. Other humans are addicted to risk and will seek skewed payoffs where there be a high chance of small loss and small chance of epic gains. The result is stocks/derivatives with lottery like payoffs are generally cost more than they're really worth. A penny stock that's worth 25 cents a share may trade for 50 cents, or a call option expiring in a week may cost a dollar a share when it's worth half that given the expected return.
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  3. I think I might open a long term bear position on this stock even though I know I will miss the initial drop.
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  4. Hype, skewed payoffs, and China's economic bubble.
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  5.  @KippinCollars  the state may do that. But individual bureaucrats will also want their (excessive) cut.
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  6.  @Trenacetate43  not the whole government, just a gang of bureaucrats who knew it would be shut down ahead of time
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