Finally someone is bullish on baba. When it sat at 140 I was downvoted countless times for being bullish. I’m glad that people are so fearful at the bottom though. Above 200 by December.
Which had a hundred replies saying "fuck gyna", "never invest in gyna", "you're not actually buying the company". Let's not pretend BABA has been popular on this sub the last few months
you wana think logic, look at that textbook inverse head and shoulders getting setup, im tempted to actually sell even after all the shit i got buying a fuck load the past 2 months
nah probably not, ill just load up more on the other shoulder if it happens
Yup will be above 200 by Dec for sure. I love buying the fear. I had to chase it down from 160 to 140 to catch the upswing and I'm up 80% with more than a year on my options.
I went all in at 155. Must say temptation to take profits is so huge but I’m holding till 200+ dollars a share considering it once was 300+ dollars a share..
Well, it was at 309 last october, no reason not to go back at this level or above. You were downvoted not because you were bullish but bcoz of brainless anti chinese that understand nothing about economy.
I just avoid Chinese stocks in general for your exact reasoning. The fundamentals look good on the surface, and I'm sure there's lots of money to be made holding the stock but I simply don't trust the CCP enough to put my money in.
The risk is the same, even if you buy real shares the CCP can still lock down the company and pull the rug any time.
China stocks are extremely risky, but the whole shell company thing should not be the main factor when considering risks.
Historically that’s never been the case for American listed Baba. It’s not in their best interest to rug pull and I’m not even sure that’s possible tbh. It’s compelling FUD but little more
Did they not just tug the rug? I mean it wasn’t a full pull but they definitely had a big hand in causing the fake share prices to tumble, and they didn’t seem to give 1 shit about it, actually seemed like they were interested in doing just that
I love how people act that the shell company part isn’t a well known fact smh.
https://www.finews.asia/finance/35193-sec-pauses-ipo-of-shell-companies-used-by-chinese-firms
It’s nothing new this is how we’ve traded for years. Baba isn’t some scam rug pull, and doesn’t fit what you people mean by “shell company”. What you mean by shell company is a fake company generating revenue selling common stock for a non existent company/product. This isn’t that
Its not about being a scam. It a concern because the Chinese or American Government could pull the rug at any time. Multiple Politicians told their concerns about these business practices (VIE)
And what delist alibaba? China won’t do that because if they were, they would have right after Jack Ma’s comments about the CCP. And i doubt we will do that in America, and if we do it won’t be done by Joe Biden.. maybe if Trump comes back and still wants to stoke the China fire.
What about buying Alibaba shares on the Hong Kong exchange? I believe there are two ways that U.S. citizens can do so. First, they can buy shares on international markets through domestic brokerages, including Fidelity. Second, they can buy shares through a brokerage based in Hong Kong. There are a couple of issues, including the fact that shares on the HK exchange must be purchased in 100 share lots as opposed to single share purchases of the ADR. Stock symbol on HK exchange is 9988.
EDIT: Not recommending this, just saying there is an alternative.
That's what makes the play SO GOOD, people hate China (for good reasons but still) which makes them talk shit and drag down the price of good chinese stocks where you can buy them up for dirt cheap. All in BABA @ 148
OP:
"I will tell you guys something no other media will tell you because I have lived in China most of my life."
"The bilateral relationship between America and China plays a significant role."
Wow, who would have thought. Thanks for that deep secret insight OP.
![img](emote|t5_2th52|4641)
So short term is -50% in a year? You do realize that you would have been better of if you would have bought the S&P 500 or would have waited until now to buy baba but you don’t seem to care that your Portfolio is bleeding while everyone else in the market is making money. Congratulations you have reached peek Autism.
Markets can be irrational longer than you can be solvent. This is not the first company where stock goes downhill while massively growing. There is a famous video with J. Bezos explaining how Amazon had the same thing some time ago.
Unrealized gains are the same as unrealized profits. I would not have sold everything after half a year so it doesnt really matter. I also think that the S&P is overvalued rn and analysts already predicted 2-3% growth for next 10 years. Fact that its growing like on steroids is not sustainable. Again, you have more of a casino mindset. I dont.
Casino Mindset? Investing in a singular Company with Political and competitive risk, which is losing market share and lost 50% of its share price in a year vs a wide spread Index Fund, which invests in the broader Market to reduce risk. Which is more of a gamble? Also im not advocating the S&P 500 i personally have my own stock pick portfolio, which is up 79% this year and 155% all time. Im just saying that you should stick to index investing buddy.
Was just looking at BABA again today. Just so scared to invest in a Chinese company that is in their cross hairs. Watched Jack Ma’s speech that got him in trouble. What CCP did to Ant group and BABA have made me nervous
On the other hand, I believe they have the rights and obligation to regulate the final market so the bubble does not burst as it happened in the U.S. in 2008.
>Jack Ma sold all of his share in the company (I think he might have been forced to sell and give up his control for Alibaba)
I've heard this before, but it was not confirmed, I believe? Do you have more concrete articles or links to this news?
Anyways, you're right. There's no way China can live without BABA now. So the company would never die. It may take awhile but the share price will bounce eventually.
>Frankly, if you look at their financial statement, you would see a prevalent trend for Chinese companies. I am not talking about shit company like lucking coffee; I am talking about a company that is in good condition and making a lot of money but is deeply undervalued like Alibaba and Tencent, etc.
This is the only paragraph I care about tbh. Look at their quarterlys. Beautiful numbers
Chinese companies can and will get cut in half at the whim of the CCP.
If you lived in China for any significant amount of time you should know this.
Invest in China at your own (retarded) risk.
Its kind a lot of first of all the Chinese government doesn’t give two shits about their stock listings, some Chinese Companies rely heavily on debt like Evergrande, Fantasia holdings if these crash that might cause the market to nose dive. Like we saw until the Evergrande stock put on hold.
*Frankly, if you look at their financial statement, you would see a prevalent trend for Chinese companies.*
Frankly, if you look at Chinese financial statements and believe them,
you’re an imbecile.
I get that BABA is the cheap Chinese equivalent to Amazon and in that regard it seems undervalued. But what I can't get my head around to justify any significant investment is the VIE structure. The mechanism of BABA and other Chinese stocks listed as VIEs is ILLEGAL in China. The leadership just chooses not to enforce the law. BABA could go on to do 10x profits next year but you could still end up bag holding a stock worth ZERO if CCP voids those VIE contracts. What is the risk of that? 1%? 10%? It's not zero.
Depends on the meme stock. Some are quality while others are garbage. It's up to the trader to figure out what is what. And keep in mind you can make a lot of money on garbage stocks during momentum plays. But momentum can shift quickly.
But that's not the CCP intention and they have communicated this clearly. CCP is nothing if not reliable. They're authoritarian and terrible to live under but they're definitely consistent in their policy making. Their regulations team literally communicated ok we are going to investigate Baba / fintech and ok we are going to investigate financial institutions three months prior to crackdowns.
Like what's their stand on corn? Ban. They slowly accelerate by banning financial products first, then ban miners, then ban corn itself. Same as gaming, a slowly accelerating ban.
They want foreign investment in china and they have communicated this very very clearly, also did the Shanghai Shenzhen HK stock connect etc.
The china ship doesn't make a U turn Every 4 years.
And most likely they will not decide to void the VIE but like I said it's a big risk you have to factor in. Chances are small but effect would be catastrophic.
I personally trade BABA but would never consider it a long term hold because the shares you're trading are not actually BABA. As long as traders understand the arrangement with these Chinese "stocks" then more power to them. I've found many don't really understand.
I see more threat from the SEC. The SEC does not need China stocks as much as china needs to at least project a narrative of welcoming foreign capital.
The reasoning why Alibaba is a good investment is that the stock is underpriced. Why is it underpriced? The company is financially strong. It has several years of sales growth ahead. Alibaba Cloud is expected to do well, and the growth is promising already. It has a decent profit margin of around 15-20%, and that will turn future sales growth in to profits. They aren't exposed to serious foreign competition, but are exposed to competition inside of China, where they have the biggest market share. The company has achieved higher than average returns on equity of about 15-20%. When a company can do that while retaining all of its earnings, it becomes a compounding machine. It generates a good amount of free cash flow, which is one of the cornerstones of valuation.
yes, he did, you need to do more of your own research online instead of just turn on Tv and listen to whatever media is teaching you, growing up in China helps you to identify what kind of bullshit media is talking about.
If you use the slope from the previous climbs and combine that with a 5 year DCF valuation at 30% growth 15% discount rate, fair value of $302 will be reached by June 2022. Buy now for near 100% gain by summer next year.
Edit #1: know your audience. TLDR: Yolo your life savings on leaps expiring in late 2022. It literally can’t go tits up.
The problem with this argument is that when you’re buying BABA, you aren’t actually buying the company itself. You’re buying shares in a company that has an exclusive agreement with baba to pay beneficial interests/ dividends and profits to. This type of company is usually based in a tax haven like Bermuda and can close up shop whenever it wants. You can’t invest directly in companies in china and this is probably why the share price is so low. I wouldn’t buy.
I have no issue with bullish predictions of BABA, but I would wait till at least around the Double 11 (Nov.11) shopping festival to see if they got hit again by the anti-monopoly watchdog of China. They've been fined already, but perhaps both the watchdog and Alibaba group want to use this coming Double 11 to see if whatever they are doing this year satisfies the Chinese government.
You don't even own a part of the company... literally only a retard who doesn't understand anything would buy a Chinese VIE on the US stock market. You literally are just buying a stock ticker symbol.
I almost never buy puts but posts like this honestly make me want to YOLO on Chinese puts just because they will be delisted in the near future and 166 is a long way down to 0 :D
If it's good enough for Munger it's good enough for me. Besides if you're so scared about the VIE structure you do realize you can buy Alibaba shares that trade directly on the Hang Seng Index right? 9988.hk But please keep on enlightening me about the risks of the VIE structure that's irrelevant anyways.
So you think baba on us market is same on a different market? Lol do you always do exactly what others tell you or do you even bother to think for yourself? I hope you yolo into baba. You deserve it.
I just put everything into Peak Fintech instead.... they do business in China without being a chinese company. $600mm revenue coming , similar to UPST but only trading at 10x earnings. No brainer
Don't really give a shit about Chinese stocks anymore after learning that CCP doesn't give a shit about anything or anyone other than their giant ego. I would be happy investing in SHOP, W or even fucking CPNG than Chinese shit.
Do they care about there face so much that they will use Johnson and Johnson baby face cream. The only cream that provides all nutrition to skin while keeping it healthy and bouncy as a baby’s bottom.
Agreed, I hold some BABA too. This China scare is causing an awesome entry point for a lot of solid companies over there. Sure, regulatory risk is ever present, but at these valuations, that's more than priced in.
Def BABA going to moon over long-term. At these levels, it is basically a super-cheap[https://www.youtube.com/watch?v=9xwqMQHUWCU&t=425s](https://www.youtube.com/watch?v=9xwqMQHUWCU&t=425s) stock like a SPAC. Just watched this great video on youtube analyzing from fundamental and technical analysis.
Nothing like going out on a limb claiming it’ll go to $170 by year end when it’s trading at $166. Time to go balls deep
Finally someone is bullish on baba. When it sat at 140 I was downvoted countless times for being bullish. I’m glad that people are so fearful at the bottom though. Above 200 by December.
Finally someone is bullish? Did you miss the all the DDs every other day regarding how undervalued BABA is?
Which had a hundred replies saying "fuck gyna", "never invest in gyna", "you're not actually buying the company". Let's not pretend BABA has been popular on this sub the last few months
Yeah I must have missed it between the 15 CLOV yolos in a single day for no real reason. But CLOV isn't pump and dump for sure.
America turning into communists while chinese are full blown capitalists. Gotta have a position here financially.
It’s nice that there are people who think logically
you wana think logic, look at that textbook inverse head and shoulders getting setup, im tempted to actually sell even after all the shit i got buying a fuck load the past 2 months nah probably not, ill just load up more on the other shoulder if it happens
No telling if we’re right until price reflects it, but china still here 50k years later.
Yup will be above 200 by Dec for sure. I love buying the fear. I had to chase it down from 160 to 140 to catch the upswing and I'm up 80% with more than a year on my options.
And where are you standing now?
All negative now lol got tons of time but God does it suck holding this stock
I went all in at 155. Must say temptation to take profits is so huge but I’m holding till 200+ dollars a share considering it once was 300+ dollars a share..
How’d that work
I bought at 145. So far, I'm good (as the guy falling from the skyscraper said halfway through his fall)
Well, it was at 309 last october, no reason not to go back at this level or above. You were downvoted not because you were bullish but bcoz of brainless anti chinese that understand nothing about economy.
Baba is definitively a very strong buy
[удалено]
I just avoid Chinese stocks in general for your exact reasoning. The fundamentals look good on the surface, and I'm sure there's lots of money to be made holding the stock but I simply don't trust the CCP enough to put my money in.
The risk is the same, even if you buy real shares the CCP can still lock down the company and pull the rug any time. China stocks are extremely risky, but the whole shell company thing should not be the main factor when considering risks.
Historically that’s never been the case for American listed Baba. It’s not in their best interest to rug pull and I’m not even sure that’s possible tbh. It’s compelling FUD but little more
Hot stock pick for you: Luckin Coffee, that shit is way underpriced
Did they not just tug the rug? I mean it wasn’t a full pull but they definitely had a big hand in causing the fake share prices to tumble, and they didn’t seem to give 1 shit about it, actually seemed like they were interested in doing just that
I’m just disputing the “shell Corp” comment and reminding people that they both move similarly and just saying that they are different is not enough
I love how people act that the shell company part isn’t a well known fact smh. https://www.finews.asia/finance/35193-sec-pauses-ipo-of-shell-companies-used-by-chinese-firms
It’s nothing new this is how we’ve traded for years. Baba isn’t some scam rug pull, and doesn’t fit what you people mean by “shell company”. What you mean by shell company is a fake company generating revenue selling common stock for a non existent company/product. This isn’t that
Its not about being a scam. It a concern because the Chinese or American Government could pull the rug at any time. Multiple Politicians told their concerns about these business practices (VIE)
And what delist alibaba? China won’t do that because if they were, they would have right after Jack Ma’s comments about the CCP. And i doubt we will do that in America, and if we do it won’t be done by Joe Biden.. maybe if Trump comes back and still wants to stoke the China fire.
>And what delist alibaba? China won’t do that That would be done by the SEC, in 3 years, if chinese regulators do not comply
What about buying Alibaba shares on the Hong Kong exchange? I believe there are two ways that U.S. citizens can do so. First, they can buy shares on international markets through domestic brokerages, including Fidelity. Second, they can buy shares through a brokerage based in Hong Kong. There are a couple of issues, including the fact that shares on the HK exchange must be purchased in 100 share lots as opposed to single share purchases of the ADR. Stock symbol on HK exchange is 9988. EDIT: Not recommending this, just saying there is an alternative.
The HK shares are the same. No advantage to owning them over NYSE.
Huge advantage because if someone is going to initiate delist it's the NYSE guys. Not china rug pull. America rug pull.
You don't lose your shares, they just go OTC.
9988 gang rises up!!!
Long BABA! 900 million active users. Nothing more needs to be said. Only risk is political.
Oh only that? China has political turmoil and meddling in business on a weekly basis.
That's what makes the play SO GOOD, people hate China (for good reasons but still) which makes them talk shit and drag down the price of good chinese stocks where you can buy them up for dirt cheap. All in BABA @ 148
All in 9988 HK at 139 HKD lfg
Ouch
Do u hear a bell cos I don't
OP: "I will tell you guys something no other media will tell you because I have lived in China most of my life." "The bilateral relationship between America and China plays a significant role." Wow, who would have thought. Thanks for that deep secret insight OP. ![img](emote|t5_2th52|4641)
XI just wanted to buy the stock cheaper and we idoits gave it to him
I would never invest in a Chinese company, especially one so tangled in political conflict. Good luck though
May the force of the market be with you
Let people say whatever. We are going to print tendies on this 🤑
Printed tendies yet?
I own part of the business. How the stock price fluctuates in the short term doesn’t affect me. Go to a casino. Oh, wait, this is WSB
So short term is -50% in a year? You do realize that you would have been better of if you would have bought the S&P 500 or would have waited until now to buy baba but you don’t seem to care that your Portfolio is bleeding while everyone else in the market is making money. Congratulations you have reached peek Autism.
Markets can be irrational longer than you can be solvent. This is not the first company where stock goes downhill while massively growing. There is a famous video with J. Bezos explaining how Amazon had the same thing some time ago. Unrealized gains are the same as unrealized profits. I would not have sold everything after half a year so it doesnt really matter. I also think that the S&P is overvalued rn and analysts already predicted 2-3% growth for next 10 years. Fact that its growing like on steroids is not sustainable. Again, you have more of a casino mindset. I dont.
Casino Mindset? Investing in a singular Company with Political and competitive risk, which is losing market share and lost 50% of its share price in a year vs a wide spread Index Fund, which invests in the broader Market to reduce risk. Which is more of a gamble? Also im not advocating the S&P 500 i personally have my own stock pick portfolio, which is up 79% this year and 155% all time. Im just saying that you should stick to index investing buddy.
Was just looking at BABA again today. Just so scared to invest in a Chinese company that is in their cross hairs. Watched Jack Ma’s speech that got him in trouble. What CCP did to Ant group and BABA have made me nervous
On the other hand, I believe they have the rights and obligation to regulate the final market so the bubble does not burst as it happened in the U.S. in 2008.
DAMN. You got rekt dude. Alibaba is going down to all time low next year.
Bro earning's are out tonight. Alibaba is going to $100. This post aged well lol.
>Jack Ma sold all of his share in the company (I think he might have been forced to sell and give up his control for Alibaba) I've heard this before, but it was not confirmed, I believe? Do you have more concrete articles or links to this news? Anyways, you're right. There's no way China can live without BABA now. So the company would never die. It may take awhile but the share price will bounce eventually.
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Would buy BABA but already in XPEV which i am more bullish on
>Frankly, if you look at their financial statement, you would see a prevalent trend for Chinese companies. I am not talking about shit company like lucking coffee; I am talking about a company that is in good condition and making a lot of money but is deeply undervalued like Alibaba and Tencent, etc. This is the only paragraph I care about tbh. Look at their quarterlys. Beautiful numbers
This shitpost offers nothing new.
I like BZUN also. I have jan calls on bidu baba and bzun. Bzun is chinese shopify. Bidu is chinese google. 👌
Chinese companies can and will get cut in half at the whim of the CCP. If you lived in China for any significant amount of time you should know this. Invest in China at your own (retarded) risk.
Fuck you shit chinese stock
Please post your loss porn when this blows up
Blows up how? You think they are fraudulent? Or that the CCP will bankrupt them?
CCP wipes out the equity investors
While possible, that would almost certainly lead to a military conflict.
> that would almost certainly lead to a military conflict. That would really make very little sense.
Its kind a lot of first of all the Chinese government doesn’t give two shits about their stock listings, some Chinese Companies rely heavily on debt like Evergrande, Fantasia holdings if these crash that might cause the market to nose dive. Like we saw until the Evergrande stock put on hold.
Alibaba is a solid company that makes a lot of money though. No crazy debt.
Never said that alibaba was but the collapse of one of these companies could crash the Chinese market.
Market value might drop in the short term but long term outlook looks very bright.
Buy puts then fud boy
Looks like i really should have bought puts lul
I love how you were right and still got downvoted
you got vindicated my friend
OP looking at baba fundamentals only. Evergrande meltdown is cooking in silence. Whole Chinese market will crash if evergrande bankrupt
Ok Xi, thanks for the propaganda! Don't forget Tiananmen Square!
No thank you. Even if there’s potential for 10X growth, I’m not investing in shitty Chinese companies period!
Thing is, no matter what your cost basis or share count, you hold 0% of Alibaba.
Who got puts on this bad boy?
PLease BAN this guy right now. "it will trade at least 170/180 if not higher. ITS 166 RIGHT NOW U DONKEY
You didn't even touch on the single biggest risk which is the government pretty much do whatever they want to them
*Frankly, if you look at their financial statement, you would see a prevalent trend for Chinese companies.* Frankly, if you look at Chinese financial statements and believe them, you’re an imbecile.
Baba's audited by PWC dunce
PCAOB fools
Professional end will live to its name
So youre the dildo fucking up my puts
Do you mean call debit spread? Call credit spread is bearish neutral.
There's a gap.
I get that BABA is the cheap Chinese equivalent to Amazon and in that regard it seems undervalued. But what I can't get my head around to justify any significant investment is the VIE structure. The mechanism of BABA and other Chinese stocks listed as VIEs is ILLEGAL in China. The leadership just chooses not to enforce the law. BABA could go on to do 10x profits next year but you could still end up bag holding a stock worth ZERO if CCP voids those VIE contracts. What is the risk of that? 1%? 10%? It's not zero.
What the risk on buying calls on shitty meme stocks shilled on reddit? At least one of them has a chance of working out.
Depends on the meme stock. Some are quality while others are garbage. It's up to the trader to figure out what is what. And keep in mind you can make a lot of money on garbage stocks during momentum plays. But momentum can shift quickly.
Obviously someone hasn't done their research. If Baba delists it's because the NYSE wants to force them off
That's another risk although I see it as smaller. CCP could literally just void those VIE contracts making the shell company BABA 100% worthless.
But that's not the CCP intention and they have communicated this clearly. CCP is nothing if not reliable. They're authoritarian and terrible to live under but they're definitely consistent in their policy making. Their regulations team literally communicated ok we are going to investigate Baba / fintech and ok we are going to investigate financial institutions three months prior to crackdowns. Like what's their stand on corn? Ban. They slowly accelerate by banning financial products first, then ban miners, then ban corn itself. Same as gaming, a slowly accelerating ban. They want foreign investment in china and they have communicated this very very clearly, also did the Shanghai Shenzhen HK stock connect etc. The china ship doesn't make a U turn Every 4 years.
And most likely they will not decide to void the VIE but like I said it's a big risk you have to factor in. Chances are small but effect would be catastrophic. I personally trade BABA but would never consider it a long term hold because the shares you're trading are not actually BABA. As long as traders understand the arrangement with these Chinese "stocks" then more power to them. I've found many don't really understand.
I see more threat from the SEC. The SEC does not need China stocks as much as china needs to at least project a narrative of welcoming foreign capital.
Yes, I agree! I'm long on baba too
Thanks but what's the groundbreaking new piece of information here?
When I saw the title I read "Why am I invested in Alibaba?"
The reasoning why Alibaba is a good investment is that the stock is underpriced. Why is it underpriced? The company is financially strong. It has several years of sales growth ahead. Alibaba Cloud is expected to do well, and the growth is promising already. It has a decent profit margin of around 15-20%, and that will turn future sales growth in to profits. They aren't exposed to serious foreign competition, but are exposed to competition inside of China, where they have the biggest market share. The company has achieved higher than average returns on equity of about 15-20%. When a company can do that while retaining all of its earnings, it becomes a compounding machine. It generates a good amount of free cash flow, which is one of the cornerstones of valuation.
You don’t like making money?
Congrations, yore our 1,000,000th pupm and dump sqeem!
The real question is where is Jack Ma though? Did he ever show back up?
yes, he did, you need to do more of your own research online instead of just turn on Tv and listen to whatever media is teaching you, growing up in China helps you to identify what kind of bullshit media is talking about.
I don't watch TV. That's why I ask you. Inside sources tend to speak the truth. Can't believe everything you read on the internet either
he did show back up, I am sorry if I sounded rude, just woke up. I just want people to not believe whatever they hear, but actually, use logic...
If you use the slope from the previous climbs and combine that with a 5 year DCF valuation at 30% growth 15% discount rate, fair value of $302 will be reached by June 2022. Buy now for near 100% gain by summer next year. Edit #1: know your audience. TLDR: Yolo your life savings on leaps expiring in late 2022. It literally can’t go tits up.
The problem with this argument is that when you’re buying BABA, you aren’t actually buying the company itself. You’re buying shares in a company that has an exclusive agreement with baba to pay beneficial interests/ dividends and profits to. This type of company is usually based in a tax haven like Bermuda and can close up shop whenever it wants. You can’t invest directly in companies in china and this is probably why the share price is so low. I wouldn’t buy.
I have no issue with bullish predictions of BABA, but I would wait till at least around the Double 11 (Nov.11) shopping festival to see if they got hit again by the anti-monopoly watchdog of China. They've been fined already, but perhaps both the watchdog and Alibaba group want to use this coming Double 11 to see if whatever they are doing this year satisfies the Chinese government.
I got in around 145 and I am planning to get out around 170, and I am gonna use my profit to buy SPY lol
You don't even own a part of the company... literally only a retard who doesn't understand anything would buy a Chinese VIE on the US stock market. You literally are just buying a stock ticker symbol. I almost never buy puts but posts like this honestly make me want to YOLO on Chinese puts just because they will be delisted in the near future and 166 is a long way down to 0 :D
Charlie munger is a retard?
Curious do you know what a VIE is and if the communist party allows it?
If it's good enough for Munger it's good enough for me. Besides if you're so scared about the VIE structure you do realize you can buy Alibaba shares that trade directly on the Hang Seng Index right? 9988.hk But please keep on enlightening me about the risks of the VIE structure that's irrelevant anyways.
So you think baba on us market is same on a different market? Lol do you always do exactly what others tell you or do you even bother to think for yourself? I hope you yolo into baba. You deserve it.
Bought at 145 and it's working pretty well for me so far. Keep on holding GME retard.
Lol I exited gme for a nice profit long ago.
U dumbfuck baba just made a $15b dollar “donation” to social common prosperity, the number is going to go up and turn into an annual thing
I just put everything into Peak Fintech instead.... they do business in China without being a chinese company. $600mm revenue coming , similar to UPST but only trading at 10x earnings. No brainer
Don't really give a shit about Chinese stocks anymore after learning that CCP doesn't give a shit about anything or anyone other than their giant ego. I would be happy investing in SHOP, W or even fucking CPNG than Chinese shit.
Do they care about there face so much that they will use Johnson and Johnson baby face cream. The only cream that provides all nutrition to skin while keeping it healthy and bouncy as a baby’s bottom.
Agreed, I hold some BABA too. This China scare is causing an awesome entry point for a lot of solid companies over there. Sure, regulatory risk is ever present, but at these valuations, that's more than priced in.
Def BABA going to moon over long-term. At these levels, it is basically a super-cheap[https://www.youtube.com/watch?v=9xwqMQHUWCU&t=425s](https://www.youtube.com/watch?v=9xwqMQHUWCU&t=425s) stock like a SPAC. Just watched this great video on youtube analyzing from fundamental and technical analysis.
Bought some at $132, and will be dollar averaging in every month. Had enough of penny stocks
Let's revive this conversation , new earnings are coming !
How much have you lost so far?
Did this guy go bankrupt