the current valuation is more based on confidence

William85
2021-09-15

$Sea Ltd(SE)$ I am still optimistic about Se in the long run, but with the current valuation, if there is a slight disturbance, many people will want to run and cause a sharp drop. After all, the current valuation is more based on confidence than the profitability of the company itself. Confidence is a very fragile thing.

Sea is undoubtedly a lucky man, but no company will be lucky all the time. Sea will continue to fulfill its existing ultra-high expectations to the market in the next year or two. Now those who come in at this price should not earn a high income. I advise those who want to enter the site to wait a little longer.

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