# Pinduoduo PDD is really a stock that people love and hate. Although I've held it for more than a year and still haven't broken even, the opportunity cost compared to the S&P's performance last year is 17%, which is quite high. But the company's 7x P/E ratio after deducting cash, its strong moat in low-price positioning, management's focus on retail, and Temu's nearing profitability make it hard to give up🤣. Holding the stock, and buying some calls short-term to bet on a rebound.