101698248
commented on a stock · Apr 5, 2022 21:35
China Stocks will be going down this quarter at least
$Alibaba (BABA.US)$ $MEITUAN-W (03690.HK)$ As much as I love the company and like to shop on Alibaba sites, I can really feel the lock downs in the country affecting the economy. I’m almost certain that the next Alibaba financials release will not look good. I still believe in the company in the long run but just being realistic here. Disclaimer: I’m not shorting it either.
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101698248 OP : Most of my orders are stuck as the vendors can’t ship them out due to the new outbreak.
LeviSoon : Same, stocks stuck
DwarfCo : ?
Ben 23 : There was something wrong when the stocks all suddenly spiked up the last few days when there were negative news all around.