TM
📈 An investor took advantage of a significant market downturn to build a substantial position in Toyota, a long-desired stock.
📉 The purchase occurred after Toyota’s price dropped considerably, making it attractive despite previous perceptions of being overvalued or stretched.
⚠️ Challenges noted include the relative illiquidity of Toyota’s Cedears (CDRs) on the local market, requiring careful purchasing.
@ClaveBursatilTV:
“I always wanted to have many shares of Toyota. When I found out it had CDRs, maybe I saw it as a bit stretched. Toyota’s CDRs are somewhat illiquid, complicated. I bought two, thirteen CDRs when I could, but well, I took the opportunity to build a large position between yesterday and today with all this mess because Toyota really dropped a lot, both the CDR and TM. So well, I fulfilled one of my childhood dreams: becoming a father, owning a used Toyota, and buying Toyota shares. It all happened in a very short time, so thank God.”
Watch the exact part of the video where @ClaveBursatilTV talks about Toyota Motor Corporation here:
Watch the video on YouTube
Read more articles analyzing Toyota Motor Corporation (TM) at the following link. TM stock.
