What should I do with Alibaba?! Please advice 🙏
$Alibaba(BABA.US$ Alibaba has been in my portfolio for 4 years, and returning -70%. While the S&P 500 has already returned +200% since then. i feel so dumb.
Anyone has been holding on till now and even adding, what are your reasons?
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Methods : why are you holding a stock like you're married to it?.
叶绿素 : None of them can do PDD; the era of Ali is over
103554661 : Baba black sheep
argonite : Looks like it has bottomed. Going back to your buy price is not possible in the shorter term (not even sure if will be possible in the longer term). But you could trim down when it hits around 100, which is the price which most analysts predict, considering it's current value.
CashFlowGodOP argonite: It always looked like it’s bottoming since 2022
argonite CashFlowGodOP: That's true too.
YOLO K 103554661: I hope is black horse instead… but…
102559790 : if u can afford it, should keep long term. say till 2029. value has to appreciate
orangejus : Wait for the US market volatility to settle, then average down. Chinese economy is an unstoppable force.
股勇者 : sell at a loss n stay away from ALL Chinese stocks
rebalance your portfolio n follow the trend ie. US market