At an all time low yet everyone's scared to even touch it. "Be greedy when others are fearful." Is there a better example of this quote than with BABA?
Why is it at all time low?
I stay away from all Chinese companies. Only suckers would buy big-As given the current economic situation.
This. I made 2000% gains on NIO, thought i could replicate it with other Chinese stocks and got fucked. Never again
Buy some bilibili to pump it up if you just have the money to waste on Chinese stocks. I bought it at $144 and 💩 has been ~$11 for ages.
It will only dramatically change if US-China relations improves and China stops curbing tech. I don’t see that happening any time soon.
Great value right now, but worried about moat. They are facing challenges from the likes of PDD.
Why would you enter a market where information asymmetry is an at extreme? Whenever you’re trading an instrument, you should think who is on the other side. At best you’re trading against fellow gamblers. At worst you’re trading against Chinese insiders. The reason SPY is the best bet for individuals is due to the sheer amount of information that goes into pricing the entirety of the market that it is affected the least by information asymmetry. Chinese individual stocks are the exact opposite.
Nobody are experts here, people who didn’t buy doge thinking it’s a joke became jokers. Do what your heart tells you, just make sure that investment doesn’t hurt you too much if it doesn’t work out.
I said that before and the stock just keot getting lower.
BABA is a healthy company in a debt ridden country. Cash piles can only take you so far when people stop spending money.
India
Yesterday
403
Abki baar 400 par..!
Tech Industry
Yesterday
1539
Women, help me understand why this is inspirational
Health & Wellness
Yesterday
537
Lasik cost
Tech Industry
Yesterday
2727
What happens when most of your team is Indian?
AMA
Yesterday
634
PM Manager, early 40s, married and ENM (Ethical Non Monogamous) AMA
Thanks this is interesting