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Rode Luckin Coffee all the way down

January 26, 2021 8:43 PM

I had a limit order to buy at $20/share and it filled me during the drop and I rode it all the way down. Screw me

Source: www.reddit.com

Reported By SafelyHQ.com User

Related Reports

January 23, 2021 3:32 PM

“Luckin Coffee is a coffee retailer founded in 2017 based in Xiamen, the People’s Republic of China. Luckin Coffee owns and operates stores selling food and beverages, as well as a mobile application for food and beverage purchases.

On May 17, 2019, Luckin Coffee conducted an Initial Public Offer... See Moreing (“IPO”) of its ADSs.

On January 31, 2020, Muddy Waters Research published a report stating that Luckin Coffee had fabricated portions of its financial statements beginning in the third quarter of 2019, citing “smoking gun evidence” such as thousands of hours of store video, customer receipts, and monitoring of the Company’s mobile application data. On this news, the price of Luckin Coffee ADSs fell from $36.40 per share on January 30, 2020, to $32.49 per share on January 31, 2020.

On February 3, 2020, Luckin issued a press release denying Muddy Waters’s allegations. The Company “categorically denie[d] all allegations in the [Muddy Waters] Report” and assured investors that the “methodology of the Report is flawed, the evidence is unsubstantiated, and the allegations are unsupported speculations and malicious interpretations of events.”

On April 2, 2020, contrary to its previous denials, Luckin Coffee disclosed that it had conducted an internal investigation and had found that Luckin Coffee’s Chief Operating Officer Jian Liu and several of his direct reports had fabricated over $300 million of sales beginning in the second quarter of 2019. On this news, the price of Luckin Coffee ADSs fell from $26.20 per share on April 1, 2020 to $6.40 per share on April 2, 2020 – a decline of over 75%.

Luckin Coffee ADSs have now been delisted from trading on the NASDAQ.
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Reported By SafelyHQ.com User

January 23, 2021 4:13 PM

“Investors who have suffered losses on Luckin Coffee investments have potential legal claims under U.S. securities laws. Investors who purchased Luckin Coffee ADSs may be able to sue Luckin Coffee, the directors of Luckin Coffee, the Company’s auditor and the underwriters of Luckin Coffee to recover... See Moretheir losses.

Investors who have suffered losses on their purchases of Luckin Coffee ADSs may have strong legal claims under the U.S. securities laws because, Luckin Coffee has now admitted that its 2019 sales were fabricated by senior officers of the Company;

Apart from Luckin Coffee itself, other persons may be potentially liable, including underwriters of Luckin Coffee’s IPO and SO, and Luckin Coffee’s auditors.
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Reported By SafelyHQ.com User

January 23, 2021 5:18 PM

“I lost $240k on Luckin Coffee, all my life savings. Now I'm broke af. I believed luckin was growing strong and becoming the next asia starbucks. I didn't know they could cheat on balance sheet, and had no idea about VIE structure and that a company can just fail in 3 months. From Nov to Jan did a 30... See More0% gain. I was just late to the party and entered at the wrong time, and played really badly.... I learned the lesson the hard way and I'm gonna just invest in etfs, gold and bonds for the rest of my hopefully long but quite useless life.

Source: Reddit
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Reported By SafelyHQ.com User
Covid-19 Vaccine Experience Notifications

January 23, 2021 5:23 PM

“I got in December (2019) where I was really excited about the stock. I planned to hold it long term and keep adding. I also hold SBUX. Even after the Muddy Waters report and Coronavirus drove the stock down, I held and was still optimistic the stock would hold weight. But the minute the news broke t... See Morehe COO was accused of fraud and inflating revenue numbers I dumped it as soon as markets opened. It’s a shame because I really liked the business model and coffee is growing hype in China. I took an 80% loss on the sale but I’m not sorry for it one bit. It’s not worth my time and money to suffer the fallout of company leaders lying to shareholders and regulatory agencies.

Source: Reddit
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Reported By SafelyHQ.com User

January 26, 2021 5:57 PM

“Went all in on Luckin Coffee last year. That was a mistake.

Source: twitter.com/ See Less
Reported By SafelyHQ.com User

January 26, 2021 6:20 PM

“I'm $2k invested as well on robinhood and don't know the probability of them getting relisted on nasdaq again. At this point I'm researching what the options are and what is the best decision to take.

Source: reddit.com See Less
Reported By SafelyHQ.com User

January 26, 2021 8:40 PM

“I lost money on luckin coffee . They need to make it right . They need to refund investor

Source: twitter.com See Less
Reported By SafelyHQ.com User

January 26, 2021 8:40 PM

“I got burnt from Chinese stocks. Luckin coffee Thumbs down

Source: twitter.com See Less
Reported By SafelyHQ.com User

January 26, 2021 8:42 PM

“I did lose, Luckin Coffee was a lesson learnt. I didn't understand coffee, but invested. Then decided, I do understand tech and should stay away from coffee stocks. $SBUX replaced with $AYX. $TD replaced with $TTD and so on. All this in April.

Source: twitter.com See Less
Reported By SafelyHQ.com User

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January 28, 2021 6:29 AM

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January 29, 2021 10:45 AM

“The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for ready-to-eat (RTE) beef jerky products due to misbranding and an undeclared allergen. The product may contain anchovies, a known allergen, which is not declared on the product label. F... See MoreSIS is issuing this public health alert out of the utmost of caution to ensure that consumers with allergic reactions to anchovies are aware that these products should not be consumed. This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product because of the presence in a product of very small amounts of the undeclared allergens are typically associated with milder human reactions. A recall was not requested because the products are not currently available for sale to consumers.

The RTE beef jerky products were produced from October 20, 2020 through January 12, 2021 and have a one-year shelf life. The product labeled as “CHARLIE BROWN FARMS PREMIUM BEEF JERKY Original Prime Rib” contains Worcestershire, which is not listed as an ingredient, but was utilized in the product formulation. The following products are subject to the public health alert: [View Labels (PDF only)]

3-oz., 4-oz. and 8-oz. gold foil bags of “SETTLERS JERKY PEPPERED BEEF
3-oz., 4-oz. and 8-oz. gold foil bags of “SETTLERS JERKY OLD FASHIONED”
4-oz. gold foil bags of “SETTLERS JERKY HOT BEEF
3-oz., 4-oz. and 8-oz. gold foil bags of “SETTLERS JERKY PRIME RIB”
3-oz., 4-oz. and 8-oz. gold foil bags of “SETTLERS JERKY RING OF FIRE BEEF JERKY”
3-oz., 4-oz. and 8-oz. gold foil bags of “SETTLERS JERKY GHOST PEPPER
3.25-oz. silver bags of “Sierra Madre Provision Co. OLD FASHIONED BEEF JERKY”
3.25-oz. silver bags of “Sierra Madre Provision Co. PEPPERED BEEF JERKY”
3.25-oz. silver bags of “Sierra Madre Provision Co. HOT BEEF JERKY”
3.25-oz. silver bags of “Sierra Madre Provision Co. GHOST PEPPER BEEF JERKY”
3.25-oz. silver bags of “Sierra Madre Provision Co. RING OF FIRE BEEF JERKY”
3-oz., 4-oz. and 8-oz. silver bags of “CHARLIE BROWN FARMS PREMIUM FRESH BEEF JERKY GHOST PEPPER
3-oz. and 4-oz. gold bags of “CHARLIE BROWN FARMS PREMIUM FRESH BEEF JERKY Original Prime Rib”
3-oz. and 4-oz. gold bags of “CHARLIE BROWN FARMS PREMIUM FRESH BEEF JERKY RING OF FIRE”
The products bear establishment number “EST. 8275” inside the USDA mark of inspection. These items were distributed for wholesale and also sent to retail locations in California.

FSIS is concerned that some product may be in consumers’ pantries.

The problem was discovered by FSIS inspection personnel. There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an illness should contact a health care provider.

Consumers with food allergies who have purchased these products are urged not to consume them. These products should be thrown away.

For more info: fsis.usda.gov

Source: FSIS
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Reported By SafelyHQ.com User

January 29, 2021 10:45 AM

“The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for approximately 43 pounds of not-ready-to-eat (NRTE), heat treated, not fully cooked chicken enchilada products due to misbranding and an undeclared allergen. FSIS is issuing this public... See Morehealth alert out of the utmost of caution to ensure that consumers with allergic reactions to soy are aware that these products should not be consumed. A recall was not requested because the chicken enchilada products are no longer available in commerce.

The NRTE product labeled as “HyVee mealtime CHICKEN ENCHILADAS” was produced on Jan. 3, 2021. The following product is subject to the public health alert: [View Label (PDF only)]

62.4-oz. (3-lbs. 14.4-oz.) heat and serve container of “HyVee mealtime CHICKEN ENCHILADAS” with lot code “21003” and “Best If Use By: 01/10/2021” date on the product label. The products bear establishment number “P51558” inside the USDA mark of inspection. These items were distributed to HyVee retail locations in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin.

The problem was discovered when a HyVee retail store employee identified the labeling issue and reported it to the establishment.

FSIS is concerned that some product may be in consumers’ refrigerators or freezers. Consumers with food allergies who have purchased these products are urged not to consume them. These products should be thrown away.

There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an illness should contact a health care provider.

For more info: fsis.usda.gov

Source: FSIS
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Reported By SafelyHQ.com User

February 10, 2021 10:00 PM

“Company name: NDAL MFG INC
Brand name: ManukaGuard
Product recalled: Allercleanse Nasal Spray
Reason of the recall: Due to Yeast Contamination
FDA Recall date: February 10, 2021
Recall details: NDAL MFG INC is voluntarily recalling one lot of Manukaguard Allercleanse, nasal spray to the consume... See Morer level. The Allercleanse nasal sprays have been found to be contaminated with yeast.

Risk Statement:  The use of Allercleanse (manuka honey) nasal spray contaminated with yeasts, in the population most likely to use it (children, adults, and elderly), may result in adverse events that necessitate medical or surgical intervention. However, use of this contaminated product in immunosuppressed individuals may result in life threatening invasive fungal infections.

NDAL MFG INC has not received any reports of adverse events related to this recall. The product is used as a NASAL SPRAY to clean nasal passages and sinuses of irritants and other environmental contaminants and is packaged in cardboard box with one nasal spray per box UPC 858631002128.  The affected Allercleanse lot is lot # 2010045 and BB 10/2023 expiration date.

Product was distributed Nationwide in the USA to 1 e-commerce website amazon.com, distributors and retail stores. NDAL MFG INC has notified its distributors and customers by e-mail followed by telephone and further email and has arranged for return/replacement etc. of all recalled products. 

Consumers/distributors/retailers that have product which is being recalled should stop using/return to place of purchase/discard/contact their doctor, etc., if they have not already done so. Consumers with questions regarding this recall can contact NDAL MFG INC by phone 1-800-916-1220 or e-mail address SUPPORT@MANUKAGUARD.COM, M-F 7:30 am to 4 pm PST.  Consumers should contact their physician or healthcare provider if they have experienced any problems that may be related to taking or using this product.

Check the full recall details on fda.gov

Source: FDA
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Reported By SafelyHQ.com User

Second Pfizer vaccine, Allergic reaction, Crewe, VA, USA

Symptoms: Skin Rash Allergic Reaction
Crewe, VA, USA

January 29, 2021 12:23 AM

“I reported earlier today that I received the second dose of Pfizer at work Wednesday by CVS, I am now broken out with a wicked rash on both legs, and feet. It’s itchy and looks horrible. Never had a rash like this.

_______________________________

Previous Report: Jan 28, 2021
Took the second... See Moredose of Pfizer at work yesterday given by CVS. CVS worker was good with a needle did not even feel the shot go in-she has that skill mastered. Slight burning for a few moments after potion entered bloodstream. Mildly tender arm- left upper arm where vaccine was given. It was mild enough I did not have to take any PRNs for pain or discomfort. Next morning after vaccine ( this AM) I felt a bit sluggish-no energy-arm still mildly sore-still not having to take a PRN for pain. Not sure if it was from the vaccine or me working 14 hours day before-just put it this way-I work a lot of 14 hour days and was not that sluggish feeling in the AM. Other than that I'm good-no headache, no dizziness, I have been monitoring my temp and I have not had one, my temp runs around 97.3 etc..We are tested for COVID where I work every week due to having a outbreak in our geriatric hospital on all floors killing many of the geriatric patients, staff shortage, nurses, doctors, sick with COVID-so far I am one of only a few staff that has not tested positive for COVID. If I have any symptoms in the next few days from the vaccine I will report. Stay safe!! See Less
Reported By SafelyHQ.com User