$BABA-W (09988.HK)$ David tepper and Micheal burry are buyin...
$BABA-W (09988.HK)$ David tepper and Micheal burry are buying more and more...showing confidence in BaBa. Will tge upcoming earning report in November 2024 meeting or exceed analysts expectations? Given so much steroids by the Chinese CCP and 3 years of long end of the regulatory scrutiny, it is time to reinstate back to its victory and glory of the past (300 hkd)?
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Btan : Do you think these hedge funds are about the small fishes?
Detached House : Be careful when hedge funds announce their purchases. They will let retailers chase, then they short. After that, then they buy back low. That is how they make more money due to their flexibility of long & short.
102877280 OP : agree, hedge funds are all crooks, when they bet big, it is time for us to run even with small profits.
MrM : Aiya no need guess lah. Just set stop loss loh, if retrace to support and never break, buy more!