$Alibaba (BABA.US)$
Here’s something to remember, the worse the news sounds and the more despondent sentiments become, the more attractive a massive business like Alibaba becomes. Let the voting machine do what they love to do - talk, bully and ridicule, but be patient for the weighing scale to kick in. For Meta’s case, that weighing scale kicked in very quickly, but for Baba it may take some time for that to materialize.
The strongest assets that will allo...
Here’s something to remember, the worse the news sounds and the more despondent sentiments become, the more attractive a massive business like Alibaba becomes. Let the voting machine do what they love to do - talk, bully and ridicule, but be patient for the weighing scale to kick in. For Meta’s case, that weighing scale kicked in very quickly, but for Baba it may take some time for that to materialize.
The strongest assets that will allo...
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Denkamwe OP Risky Investor : I’m not here to follow the herd. But follow what my research and contrarian worldview tells me.
Denkamwe OP : Also, if you believe the game is rigged. Then it’s rigged. And you will feel absolutely helpless, so why play the game at these odds? Why don’t you find games with favourable odds - such as an asymmetric bet that no one wants to take because the market is too bearish about?
Denkamwe OP : Sorry, but I don’t live and die on daily charts. Price movement or volatility creates buying opportunities (or selling ones if my asset becomes overvalued)
Denkamwe OP : Institutions can buy and sell as often as they please. They have capital, size and the patience of a 5 year old. They have hundreds of clients to please. I’m investing my savings and hard earned money, so I’m only accountable to myself. Not the herd.
Denkamwe OP Risky Investor : Alright gotcha. Pricing is useful to determine buy or sell zones I agree.