Alibaba stock for future

Technically all countries do this :joy:

BTC is where money is at, too bad i hated it for so long :money_mouth_face::money_mouth_face::shushing_face::grin:

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Won’t be surprised if it does.

Agreed, if I had more spare funds this month I’d buy more. Hoping it stays low until payday :grin:

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Interesting article.

So it’s $211 now and what 6.5 years to reach $1000, so we need a 374% gain in that time, or an average return of 27% a year from now until then. Not impossible.

BABA is on my watch list at this price, maybe I should hit the buy button but have a couple of expensive weeks coming up!

Has your option changed…still bull? Not much change in the price since we spoke.

"Unfortunately " I have thrown all in, at our new apartment.

So I will pray the price remains low enough to put significant amount invested. :pray:

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Are you buying in these sub $200 levels?

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I had to dip my toes. Heck, will buy cheaper table and chairs lol.

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@Vedran :joy:
I’m averaging down too.

I’ve bought a little today. waiting to see what tomorrow brings as it may go lower before the weekend.

I’m a bit wary of the PRC right now, they’re going on the offensive in a big way.

Particularly as they’re now very serious about closing the loophole on Chinese companies raising capital in the USA.

Why do you think DIDI rushed it?

Because they knew this was coming.

It was a bit rhetorical, but thanks for clearing it up :wink:

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This situation in my eyes is actually helpful to people on both sides of it, so people who has some fear of investing in $BABA or China in general can now probably tell themselves ok not worth the risk etc and invest elsewhere. Or those like me who are happy with it can just keep buying and then we move on with investors who actually like the company rather than people begrudgingly investing as it is a bit of a marmite situation and for people who have never lived in China or dont know it well I can see how the media rhetoric is scary.

I will add more to $BABA but with some recent free funds I actually added more to my $BP holding on this dip back near 300p level. I will keep buying $BABA incrementally its still my biggest holding at 13% (probably more like 15% with ETFs factored in)

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You see what I mean by the make up their own rules now.

I don’t know what do you mean?!

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@Scott @Vedran I took a punt at Alibaba about a month ago now.

Why?
China are printing