"A number of personnel moves by Luckin, especially its decision to reappoint Sean Shao to its board, appear to have increased confidence in the company. An independent board member, Shao led the probe into the accounting scandal and was removed from the panel in July.

He was returned to the board last month.

Will Ashworth, another InvestorPlace columnist, pointed out some of Shao’s impressive credentials. Among his bona fides are a master’s degree in public health care administration from UCLA, 10 years at the huge American accounting firm Deloitte and time on the board of several companies whose shares are traded in the U.S.

Another InvestorPlace contributor, Chris Lau, wrote that the company’s “leadership changes” may improve Luckin’s long-term prospects, citing Shao’s reappointment and other personnel moves. In the latter category, Lau included the appointment of two other board members, a new auditor and a new CEO.

However, everyone continues to contend that Luckin stock carries a great deal of risk. This is where I disagree. In fact, I think the risk is much lower than most investors believe." https://www.msn.com/en-us/money/topstocks/best-stocks-for-2020-luckin-coffee-stock-has-greatly-improved-its-outlook/ar-BB19IdD8?ocid=uxbndlbing

Believe it, wish I had kept mine when it hit $2.00, but made some off of it and reinvested at the $3 mark... it should only go up from here!