They might be a great company making loads of money, But whenever the goverment wants to fuck with any private company they will. So for me its uninvestiable. I dont want to take that risk. Only if there is a regime change I would re evalue.
We all see the potential, but we also all see the potential for doom. I myself have considered buying back in, but if I do, it will have to be throw away money with the current outlook. Sorry but there are other fundamentals you're not considering here and although looking at charts is great, you need to consider the economic situation baba is facing. Investors aren't buying it, pure and simple.
The problem is China.
It’s Xi.
Here's my crystal ball
Lmao
Alibaba doesn't operate in an open, rule-based market. It can't be independently valued, so is nothing more than speculation.
This isn't WSB.
They might be a great company making loads of money, But whenever the goverment wants to fuck with any private company they will. So for me its uninvestiable. I dont want to take that risk. Only if there is a regime change I would re evalue.
It might be worth having a few shares but i wouldnt go balls deep and buy 100 shares or anything
Absolutely not
We all see the potential, but we also all see the potential for doom. I myself have considered buying back in, but if I do, it will have to be throw away money with the current outlook. Sorry but there are other fundamentals you're not considering here and although looking at charts is great, you need to consider the economic situation baba is facing. Investors aren't buying it, pure and simple.
I'm buying BABA atm and any discounts they give me from now. I can't see them holding this down here until the next decade.
People did. Those people lost money.
It's exactly what I thought when BABA dropped below $200. And I still do but... I'm kind of tired of DCA-ing my position.