What should I do with my Alibaba stocks? Hold or sell please share your thoughts
Alibaba valuation is still looking strong. It’s balance sheet indicates the company is still doing quite good. In fact I recently purchased few alibaba stocks. At what price did you buy if I may?
It's not about that. It's about the crackdown on Chinese stocks and how the stocks are for a shell company rather than the company itself. Sketchy AF. I would feel safer buying Bitcoin than Alibaba. Lmao.
Fear mongering at its finest. The CCP needs to crack its whip and so a fear heads might need to roll, but at the end of the day China can not affront the global capital markets. If they want to be a superpower as it is, they can't allow their multinationals to leave foreign investors in the lurch. Regulatory risks are fine, but in the long term they're not going to screw over people with the money
My avg. is $230
Average buy price is irrelevant unless you are trying to adjust for capital gains loss. The decision has to be made at this time when the stock is at $160 on whether it will outperform the broader market or the other opportunities that you have identified. Never anchor an investment decision to the purchase price.
@amazon can you elaborate a bit more?
Do exact opposite of this poll result and hold long term.
Yes they want more power
The poll result will make the stock fall even more to create better buying opportunities
Definitely buy more and 🚀
poll is indicating to buy...
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