Chinese market never fails to disappoint
Wasted, regret not selling some at 115. was procrastinating thinking that it could have gone higher. $BABA-W (09988.HK)$
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二鱼五饼 : at least u are sitting on 30% profit. lots of us probably back to 30% or more loss again
AlfonsoDex OP 二鱼五饼 : also went through a painful journey of DCA ing down., no baba investor is spared of losses before
104174101 : TP is $136 no worry
Mister President : Investing is a long journey unless you’re a trader. If you believe in BABA just continue holding for 5-10 years. Ignore all the short term movement and keep DCA
AlfonsoDex OP Mister President : I do not disagree with you but chinese companies too many geopolitical and regulatory risks, not too predictable. The companies are awesome companies but can remain suppressed, they would not be able to grow to their full potential. if they grow too big and powerful again, a new wave of tech crackdown would definitely come. So my plan is to get out for good at a decent price. that's my opinion..
swk789 Mister President : agree. the Chinese market will mature in time on multiple fronts.