Is it ever going to go up? Should I just sell it and lose money? My average is $270 lol...🫠 #alibaba #stockmarket #baba
Average down and sell calls
It's a legit company. Price is completely dependent on US China politics. Think of it like a hedge against the US. Just hold and forget
It will go up when Xi says so.
Jack Ma left the company 🤔
Stay away from Chinese sh!t techs — once and forever. Look at their pumping EV stocks like NIO, XPEV.
Buy more - bring average down to $85-90 and when it goes to $100+ start taking it out
This^ . Just buy more avg down and hold. To 'hold' is the most hardest part which most of the folks lose out on. You buy when there is blood on the streets and now it's a massacre out there. *Not financial advice , just lack of coffee and personal experience.
I tried that and it kept going lower. It just feels when I’ll buy at 90 it’ll just go down to 60.