EvgenyPonkratov

BITA Long-term venture investment

Long
EvgenyPonkratov Updated   
NYSE:BITA   None
BitAuto is biggest Internet marketplace for cars in China. The company in growth phase. so it doesnt show net profit, but the growth of revenue is really good.
I think that it is good price to buy this asset now, because of price and little risk.
It is long-term venture investment, hope it show profit in a year.
Trade closed: stop reached
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