$BABA-W (09988.HK)$ I don't understand why some retailers ar...
$BABA-W (09988.HK)$ I don't understand why some retailers are panicking. It is actually good news for retailers longing baba when they issue convertible bonds to raise capital for share buybacks. Especially if it will be oversubscribed. Just my two cents.
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102928776 OP : News said S&P: baba convertible bonds with A+ long term rating. This is good news. Just hold long position, the price should go up again especially in long run , just have patience.
933199333 : What price for convertible?
DonkeyGenius : Yeah no need panic, just buy and hold
HappyGotLucky : I also think it is good news. Most likely, they don't understand. Because of this, I am more confident that the price would go beyond $100 soon. I will continue to buy at 80