bullish
Flagging a Recent IPO - Chagee (CHA) - Orphaned Security Trading at a Large Spread to Peers
SUMMARY
- As Peter Lynch famously promulgated, one really fun thing about investing is noticing trends, “flowers” that are blooming around you, and finding ways to cash in on that “insight”, the caveat being you have to be right about the trend of course.
- Fad cycles may or may not have legs - see Funko in US and PopMart in HK.
- Not too long ago, I noticed PopMart replacing a local major bank outlet in a central shopping mall near to where I live and heedlessly dismissing it with a mere “wth is this?”, to my chagrin of course as the stock has gone parabolic ever since.
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