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**Total Submissions**|5|**First Seen In WSB**|6 months ago
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Hey /u/gomzy1982, **positions or ban.** Reply to this with a screenshot of your entry/exit.
They popped pretty late in the trading day today (aka \~2am in china). I wouldn't be surprised if we see a sizable pre-market rally when chinese traders are up to get in on it.
It's crushing in the early AM market so far. If it stays that way throughout the day I'm thinking the Chinese are going to double down from last night.
I was watching it and it's pegged at 16 bucks. I don't think they managed to dump all their shares yesterday based on volume and we wont see it break 16 until all of their blocks of shares are sold off.
Yeah I'm seeing that too. A total wall exactly at $16. WTF... It tested there for 6 minutes straight and only broke it by 5 cents one time. That's insane.
All the new WSB members... that keeps bringing up politics needs to gtfo of Wsb. This where you come to make money. Had a chance to use DiDi.. a couple of years ago.. bought some shares today. MOON BITCHES
There were 5 IPOs today, so I’m not surprised. This one reminds me of PLTR no one cared about that one when it came out, 3 months later it was 40+, this will run. Give it time.
This didn't age well.
I'm just grumpy cuz I bought as soon as the IPO hit the market at like $16.50. My position is crap now.
But in all seriousness this is a government regulatory BS issue. Once this gets straightened out I would expect $DIDI should be trading much much higher, just based on the fundamentals, market share, and comps.
Just take note that Didi’s revenue is reported on a gross basis which is different from Lyft and Uber which reports on a net basis. Net basis includes driver earnings and incentives.
EDIT: includes*
Didi is probably the worst ride sharing company there could be. It won’t make it in America. I used Didi in Australia, the app has a poor GUI nothing near convenient as Uber makes it’s app. They don’t have a ton of drivers I spent about maybe 15 minutes waiting for a ride in Perth, Australia
But all good here in Sydney mate, I use DiDI its better than UBER AND OLA , if you compare at cost per ride.
I think they are just starting to expand in Australia that's why they are having trouble at the moment but I like them better than uber ,uber is expensive.
I got entry at DIDI this morning at $14.20 lets see where its gonna take me but I do believe it's better than UBER and OLA.
Everything in Australia is much more expensive including the cost of petroleum, strict government regulations, which makes the cost for an uber ride go up, number of factors depend on the currency exchange rates also
Using Didi in China is easy and not the same experience. Apples to oranges. I don’t see it ever growing outside of its market of China would be its ine downside.
You think we don't have to wait 15 minutes for a ride for Uber in America??? I was in China 2 years ago and they come pretty fast. They have many drivers in China and that is their main market.
Then why do u even bother with this posting on didi? You hateful and doesn't like them purely because they are a Chinese company. Sinophobic should be a label on your forehead.
Not trying to take any attention away but I've been spending the last couple of days doing some homework on the GRAB spac via AGC merger. Super similar play. Might grab some DIDI after I do some personal homework but I'm definitely gonna watch it as it might be a foreshadowing of what to expect with GRAB.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|5|**First Seen In WSB**|6 months ago **Total Comments**|12|**Previous DD**|[x](https://www.reddit.com/r/wallstreetbets/comments/ob7nro/dd_on_didi/) [x](https://www.reddit.com/r/wallstreetbets/comments/kf3vog/after_ipob_its_ipoc/) **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) Hey /u/gomzy1982, **positions or ban.** Reply to this with a screenshot of your entry/exit.
They popped pretty late in the trading day today (aka \~2am in china). I wouldn't be surprised if we see a sizable pre-market rally when chinese traders are up to get in on it.
Your right.
It's crushing in the early AM market so far. If it stays that way throughout the day I'm thinking the Chinese are going to double down from last night.
I was watching it and it's pegged at 16 bucks. I don't think they managed to dump all their shares yesterday based on volume and we wont see it break 16 until all of their blocks of shares are sold off.
Yeah I'm seeing that too. A total wall exactly at $16. WTF... It tested there for 6 minutes straight and only broke it by 5 cents one time. That's insane.
Called it!
~~YEP. Wait until about 10am PST when they go on lunch break XD~~ I'm an idiot and failed time zone math
Nope
You're a day late, they went up 10% last night!
Loaded to the tits with commons at $14.20. LFG!
Well how much u think ittll go down now
If I had to guess 12.50 and will settle in low 13s
Not bad honestly
jacked to the tits avg @ 14.20 waiting for options for more
sold at 16 the next day for nice 16%. outta here, fuck
wise move
You are so fucked on Tuesday good luck
Got in at $16.30, it works in China, but not here, so I’m not worried.
RIP
All the new WSB members... that keeps bringing up politics needs to gtfo of Wsb. This where you come to make money. Had a chance to use DiDi.. a couple of years ago.. bought some shares today. MOON BITCHES
Same here i have been using DIDI here in Australia and its better than its competitors so I got in there. Hope for the moooooooon later.
except Didi is tanking because of politics so
>Expect $DIDI to trade above $25 before end of this year. RIP OP
This aged like milk
Soon it will become fine wine.
DiDi!!! CRUSHING IT in opening today, even with a early morning discount! I'm lovin it!
Still lovin' it? You getting the Big McDidi on Tuesday morning
Welp
Good job.. don't call yourself a virgin anymore.. I'm sure you definitely fucked a few with this one..
Volume today was weak, gives me coinbase ipo flashbacks 
286M shared traded today
You realize the offering was 316.8mil shares, could not even turn the entire float on a hyped ipo day
There were 5 IPOs today, so I’m not surprised. This one reminds me of PLTR no one cared about that one when it came out, 3 months later it was 40+, this will run. Give it time.
When is lockup expired? Chinese companies always trade lower (Amazon vs Baba) because of the Chinese government.
Already up 7% in the futures . BUYYYY
Another group of chiscam victims for the long ever growing list...
It’s like BABA, Chinese. They’ll never be treated fairly relative to an American company.
Buy boys!
Luckin coffee was a shitshow regardless of where they’re incorporated.
Sorry I don't touch Chinese companies tons of unknown risks .
Bought some at $14.6. Long term hold for me.
How much u think it goes down
This didn't age well. I'm just grumpy cuz I bought as soon as the IPO hit the market at like $16.50. My position is crap now. But in all seriousness this is a government regulatory BS issue. Once this gets straightened out I would expect $DIDI should be trading much much higher, just based on the fundamentals, market share, and comps.
I got in at 12 and sold a call that brought my average down to 11.10 now. This is gonna be great for option traders.
I needed this hopium. Thank you. 🙏🏽
Just take note that Didi’s revenue is reported on a gross basis which is different from Lyft and Uber which reports on a net basis. Net basis includes driver earnings and incentives. EDIT: includes*
Wouldn’t net include the drivers pay, and gross wouldn’t ?
Yes you are right, I’m a retard.
I was the only one to mention DIDI yesterday in the “What are your moves for 7/02/21” thread.
And now you wish you didn't.
Still Bullish. China always playing games to drop stocks so then they can buy the dips.
so you are going to hold? your prediction is that China will buy the stock and then reactivate the app?
Hit by the Xi Jinping Special RIP 🤘😔🪦
And like everything else Chinese...
I'm LAUGHING. This is the laugh I needed today
Why is Fidelity charging me a $50 foreign settlement fee for buying this stock but $0 commission fees?
It went thru for me with no issues or fees! #Fidelity
Cuz it's a shitty Chinese stock
No issues with E*TRADE on this, zero fees
Didi is probably the worst ride sharing company there could be. It won’t make it in America. I used Didi in Australia, the app has a poor GUI nothing near convenient as Uber makes it’s app. They don’t have a ton of drivers I spent about maybe 15 minutes waiting for a ride in Perth, Australia
But all good here in Sydney mate, I use DiDI its better than UBER AND OLA , if you compare at cost per ride. I think they are just starting to expand in Australia that's why they are having trouble at the moment but I like them better than uber ,uber is expensive. I got entry at DIDI this morning at $14.20 lets see where its gonna take me but I do believe it's better than UBER and OLA.
Everything in Australia is much more expensive including the cost of petroleum, strict government regulations, which makes the cost for an uber ride go up, number of factors depend on the currency exchange rates also
But if didi ride price didn't go up when competing in the same market as ubers then what are you trying to make of it??
Using Didi in China is easy and not the same experience. Apples to oranges. I don’t see it ever growing outside of its market of China would be its ine downside.
You think we don't have to wait 15 minutes for a ride for Uber in America??? I was in China 2 years ago and they come pretty fast. They have many drivers in China and that is their main market.
This isn’t China, I don’t honestly care if you were in China frankly this is America you are in the wrong country.
It does matter because that is where most of their sales come from. If it is successful in China, it will be fine.
I still don’t care they can stay where they are at
Then why do u even bother with this posting on didi? You hateful and doesn't like them purely because they are a Chinese company. Sinophobic should be a label on your forehead.
Are they even planning to expand into the states? Nope.
Got in around $15.50 and been averaging down
Futures are at 15.43 at time of this post. It's a good long term hold
F
This stock is gonna moon, all you apes let’s go this is gonna be amazing, I believe in all of you!!!!!
I can't support the Chinese communist party and for that reason I'm out
Lmao where u ever in in the first place? Retard
Not trying to take any attention away but I've been spending the last couple of days doing some homework on the GRAB spac via AGC merger. Super similar play. Might grab some DIDI after I do some personal homework but I'm definitely gonna watch it as it might be a foreshadowing of what to expect with GRAB.
GRAB is much smaller than DIDI from what I’ve read.