shorts have played the news cycle since 2021, slamming BABA all the way down from highs of 300s.
now that regulatory bans are ending, consumer confidence is increasing, price targets are increasing, I think we will begin to see huge gains and consistently positive news cycle out for BABA
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102175775
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the asian savvy investors shd know well the potential of Alibaba. it is considered the top AI co in China or even this region. thus, a lot of upside compared to Amazon which has PE of 300
股勇者 : the report is from Bloomberg... so read it with pinch of salt...
Matthew D OP 股勇者 : Im thinking of loading up if it breaks the downtrend, lets see..
102175775 : the asian savvy investors shd know well the potential of Alibaba. it is considered the top AI co in China or even this region. thus, a lot of upside compared to Amazon which has PE of 300
Btan : Think this is the calm before baba shoots up
102500639 : Yes, you are right Btan!