I am an Accountant and i know what your are saying and understand it, However, Market and International Market is totally different ball game. its apparent that all companies especially tech companies around the world which are not profitable are hammered due to interest rate fears which affect the companies with debt (LVT) or debt financing. look at BNPL total carnage there. we are in uncertain times. If you see from political angel, USA Market especially Tech sector has minimum price to book ratio of 5 above which is quite high and dangerous. This is IMO is weakness in Market and China is exploiting it. Thus we have to swallow bitter Losses at least for 1 year.
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I am an Accountant and i know what your are saying and...
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