I reckon that Tencent has just made an investment that in hindsight will be seen as a copy cat mistake comparable with Softbank's purchase of WeWork - poor old Masayoshi Son had to buy the whole circus to get it out of the media - what an embarasment! I see the same modus operandi in play. The good news is that Tencent only bought 5% of the company when it was getting pounded. I wonder how long they will stick around? Keep banking the drum guys, it still a ponzi. Don't forget to take some profits while you can...........
DDD
APT Price at posting:
$39.80 Sentiment: Sell Disclosure: Not Held