GELYY - Geely Is Poster Child For Buy When There Is Blood On The Streets
Buy When There's Blood On The Streets
A little more than two years ago, the Zhejiang Geely Automobile Holdings Ltd ADR (OTCPK: GELYY) (OTCPK: GELYF) shares had scratched their way to $10. Selling today at more than 4x that price, I still recommend GELYY a strong BUY. The current share price is down from a 52-week high topping $75 and a low of $37.49. The shares suffer from Hong Kong exchange stock price pressures and political tensions between the US and China.
Geely is the poster child for the adage BUY