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$Alibaba (BABA.US)$ I have been buying baba shares since las...
$Alibaba (BABA.US)$
I have been buying baba shares since last year december. Ever since, the stock have just been free falling. When will this end? I did my due diligence and believe in my investment thesis. Nothing fundamentally changed in the business but the stock price has never once reflected that fact.
I have been buying baba shares since last year december. Ever since, the stock have just been free falling. When will this end? I did my due diligence and believe in my investment thesis. Nothing fundamentally changed in the business but the stock price has never once reflected that fact.
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nznben : Over time, a stock will be aligned to its fundamentals. May be 1 year, may be 2 years, but eventually it will. At least you are standing on solid ground, unlike the ridiculous valuations of other hype companies who have nothing supporting it once they fall.
102656913 : Market is pricing in the fact the CCP does not allow companies to be too successful. The political risks outweigh everything else at the moment.
海绵 OP nznben : I plan to hold this company for at least 1 or 2 years. This is my only reason why I am able to stand my ground during this tumultuous period. Fingers crossed my wait will pay off in the near future.
HavetoStartSomewhere : Nothing ? Government policy change ….
Mikey Sheung Wan : You may need to included the CCP factor into your investment thesis. If I can square off my position in all these trash Chinese stocks including BABA....I will never ever touch counters that is linked to China Communist Party.
bic mutney nznben : more downtrend
bic mutney Mikey Sheung Wan : ok
Cuancuan : Looks like downtrend