On an emotional level, buying when there's blood in the streets is easier said than done. Temu and Pinduoduo parent company PDD Holdings (NASDAQ: PDD) provided a textbook example recently with a share price bloodletting to test the mettle of self-proclaimed contrarians.

As is typical with a blood-in-the-streets event, social media pundits and Wall Street's experts aired their grievances and vented their consternation. Amid the fear and loathing, predicting a bottoming process for the Chinese e-commerce stock won't be easy -- but then, capitalizing on great opportunities never is.

Let's assess what could be in store for PDD Holdings from here.

Continue reading

Source Fool.com