Last time I checked the comments section, Xiaomi was still around 48. I vaguely remember a bunch of people shouting to buy the dip back then, someone said they would only buy at 40, and a bunch of people scolded him for dreaming. I also saw Tutu liquidating his position at that time. I also wanted to wait for 40 back then. Later, because I almost fell into a value trap by trying to bottom-fish GIS, I became extremely demanding about the moat and kicked Xiaomi out of my investment targets.

Now Xiaomi has fallen beyond my previous imagination, but I still feel there's no way to get in, or have no desire to buy at all. It doesn't give me a sense of security that "the market doesn't recognize its value, and I guarantee it won't lead you into a value trap." 😒$XIAOMI-W(01810.HK)