Trade Alert: BYDDF

Sell BYD Company (OTCMKTS: BYDDF).

BYD Company (OTCMKTS: BYDDF) has caught fire since a Chinese official revealed that China was considering a timetable for phasing out cars that run on fossil fuels entirely. While we like BYD, the largest electric-car maker in the world, in the long run, in the short run the share price may have gotten ahead of itself and could be due for a correction once the euphoria dies down. After all, China’s plans are quite long term and may not boost short-term earnings for BYD very much.

We may revisit the shares at a future time. In the meantime, take the very nice gain.

For those who may have missed an earlier Trade Alert, we added Jazz Pharmaceuticals (Nasdaq: JAZZ) to our portfolio today.

Stock Talk



I started buying after your May 25 mention in relation to Tesla, thinking this was a good candidate to accumulate slowly over a course of months. Out for now with a 46% gain. Thanks!

Scott Chan

Scott Chan

Dear JN,

Very nice!

We look forward to hopefully many more winners in the months to come. 🙂

Scott Chan

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