103699841
commented on a stock · Jun 28 10:24
$BABA-W (09988.HK)$ haha, we need patience folks, every stoc...
$BABA-W (09988.HK)$ haha, we need patience folks, every stocks has its bulls and bear camps, now Baba has no catalyst thats why it drops, it is very interesting to note that Morgan Stanley has been one of the biggest purchaser of 9988 in the past few weeks. maybe someone is accumulating, i’m vested low $70, because i think it is cheap, if it drops more i will buy, probably need wait till october to see meaningful gains
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933199333 : Everyone think cheap that y it become cheaper. nvidia expensive and it become even more expensive.
103699841 OP 933199333 : I have never bought it till i saw why so many commentary on internet and social media, it make me research more, it looks good to me thats why i bought it, i maybe wrong but i wont all in into 1 stocks, just part of my portfolio
aoimizu 103699841 OP : This is a long-term stock. China is on the rebound. If BABA doesn't do anything that triggers the govt, we can see some good times. at least, I'm very happy with the dividend
151179730 : That's correct, but when a stock returns almost nothing in the past decade it make a lot of people frustrated, house prices been doubled in the last decade where I live, and this is gone no where. So in terms of investment it has been an absolute disaster!