Tech IndustryMay 4, 2022
IntuitCgXzvbn

Anyone buying Alibaba stocks?

I have been buying Alibaba stocks since it is real cheap now. Bought when it was in 70s then in 80s. I think the business and balance sheet is solid. Have reviewed several articles and video analysis. I feel the stock will bounce back Any thoughts blinders?

Google teu May 4, 2022

Nah, what makes you think China will come out stronger than the US after this turmoil? China has already shuttered a bunch of factories. Numbers are always hard to track on China.

Intuit CgXzvbn OP May 4, 2022

Why compare US vs China for a stock evaluation? 🧐 We should be only concerned if it could get delisted (remote chances), right? Business looks solid. Like the credit vs debit ratio is best in the industry and they have a moat, good engineers etc etc.

Netflix ab047hql May 4, 2022

😂 tata consultancy then

Amazon bananaland May 4, 2022

You know why some products are on heavy discount and “cheap” in super market aisles ?

Intuit CgXzvbn OP May 4, 2022

What supermarket is it? 🥸 please share supporting articles if you are aware

Meta jojo blast May 4, 2022

No. Business and balance sheet are not solid.

Intuit CgXzvbn OP May 4, 2022

True that they are having rough quarters. But their assets are way higher than the liabilities? Despite the market drop 😳 https://www.investing.com/equities/alibaba-balance-sheet

Meta jojo blast May 4, 2022

Chinese economy is going to plummet. That is all you need to know

Microsoft 2beeOrNot May 4, 2022

I had some BABA, dumped all in recent run up. Done with Chinese stocks.