alibaba crappy stock
been holding over a year now and return is almost 0.
Not new
I'm HODLing, but it's not looking like a quick recovery. It can probably go back up to the 300s
You should be thankful itโs not negative
Targeted for antitrust enforcement by CCP, be glad it's not -40%
It may go to $100 soon due to delisting. I am staying away.
What is delisting?
Removing it from stock exchange. All of the brokers would be forced to force sell immediately at market price. Itโs strongest bannhammer in economic wars. Basically US law required all listed companies to transfer audit report, Chinese law prohibit it from being transferred
I can tell you that the day you sell is the day that it will ๐ ๐
yea I know I am being watched just like everyone else
Ark sold all of their baba holdings few weeks back
Why stock mom ๐ข
Its a long term hold ...At least 10 years ...stock will grow with China being recognized as a equivalent superpower to USA. Though there are talks of delisting etc I doubt in reality that will happen. They have great business and line of products
Dump the bag.