SELL BABA
$Alibaba (BABA.US)$ BABA is a goner, No catalyst and the spin off plan doesn't carry substance.
Rumours about CCP has come to a settlement with China tech giants is not true. CCP will continue to surpress these companies. Foreign fund are leaving China/HK markets
Majority of the HK capital market consultant are now setting up firms in Singapore and the neighbouring countries.
China stocks and HK market are dying off.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
71628116 : I bought a call option so I hope it pops before the inevitable
海洋0513 : Keep your mind and wait for a pullback
sTone83 : Not at all necessary
Reason: You don't know when to start a rise, you need to calculate the cost of time, and it's never wrong to spend more time on rising things
102864101 : $50 soon
102175775 : Funds are leaving China? Michael Burry is buying big time into Alibaba. Alibaba also has 40 bil share buyback program. This could potentially drive the share price to usd110-120 within next 6 mths. Qtrly revenue n earnimgs are rising. China Covid lockdown is over. borders are opened. Economy is picking up again. U sure its time to sell??