$Alibaba (BABA.US)$ The only good thing is, it dropping slow...

s45yen : maybe Charlie feels hungry now.. hope he will buy a 3rd time!

Zhong Ming Lim OP s45yen : hahaha maybe, seems like a good offer to triple down

s45yen : if he triples down, baba will fly to 200 immediately.. hahaha

Zhong Ming Lim OP s45yen : one can only hope haha, but maybe need bigger catalyst like US Market down or China approval of Alibaba

s45yen : I think the worst is over.. maybe a little clean up left, like the recent 78k fine.. Jack Ma has quiet down and Alibaba is willing to work w the gov in making the commoners richer.. that will in turn make the country stronger and wealthier. Good for business.. I see hope haha..

Zhong Ming Lim OP s45yen : I share the same thought as yours, its a short term pain for long term growth. And frankly any gov would have wanted to do the same if tech company go rogue. Just that this time round is China gov who is willing to exercise that power. Despite gov pressure Alibaba fundamental is still strong. The only thing to worry is US-China relation

s45yen : nothing to worry about the us-china relationship.. baba main business is in China.. china cloud business will grow bigger.. this time they join the gov to to save debt ridden Tsinghua Unigroup.. it will be the biggest sign that the worst is over w the gov..

s45yen : No fight no meet.. they might turn into good friends soon haha.. huat ah!