Grrrrrr
At $200 I would argue you cannot find a company with bigger upside potential of a company that size… crazy discounts.
Anybody seen Jack Ma, has been missing for weeks
Yea don’t mess with the CCP or they will shut you down
Agreed, Mr Ma is a hero amongst the working class not so much against the ruling party.
One brave man to stand against what the ruling party believes in … pretty sure the last individual to do that was randomly poisoned.
Let’s all hope he is found safe and sound then we can hit $400
He’s only classed as missing seen as he didn’t turn up for the African show, I don’t really class this as missing? He’s obviously got more important things to concentrate on at the moment
Alipay banned in the US can things get any worse?
Bare in mind trump is still in control, I believe Biden will be more interested in building a relationship with China
They can’t undo what has already been done though surely
Perhaps not with Alipay, I’m not that familiar with legislation etc.
What I do know is that market is heavily driven by sentiment, and if China relations improve then sentiment will improve and Alibaba will rise considerably.
This is way undervalued for a tech company. I think someone said it on the forum before, if this was a US company who knows what the market cap would be?
I’m pretty relaxed about it long term.
Trouble is though it’s not a US company and the risk of war with China is real, they are both point scoring I can agree with that but this won’t end with a Biden hand shake
Of course it won’t end with a handshake, it’d be nice if it was so simple. Trump has been pretty antagonist with the Chinese and I don’t think Biden will act in this manner.
China and the USA also do around 500billion of trade with one another and neither party will cut off there nose to spite there face.
i really thought BABA would drop pre-market, and below $200 during normal trading hours but its not changed much. I’m interested to see how americans will work around it as aliexpress and alibaba are fantastic cost saving retailers.
Amazon/wix/shop all lower in price, alipay greatly assist internet/dropbox businesses so i’m interested how long the ban will remain in place.
Interesting to see if more news appears on the idea of a ban on Alibaba
I personally think Trump after yesterday will struggle to get much else done now, people are gunning for him even his own political allies. China and US don’t need to be friends, just neutral and BABA and others back to normal.
We will only have until November to sell if it does go through on the 12th.
This is the trouble with investing in foreign companies when there’s a hidden war going on.
Not sure if we could switch to Hong Kong here in the UK, sounds strange to say that really considering it should still belong to the UK.
If China and the US have it in for alibaba then I don’t expect any sound gains for a while.
This is why it’s an undervalued company, the professionals knew what we didn’t
I would say professional were buying - retail was selling. But hey, if it dips more, buy more.
And if it does get delisted?
If that ever happens, that will be the least of our problems.
I actually see USA as nervous puddle, barking on wrong doors. I doubt they want all out war with China.
My view on past years “trade war” more of theatrical muppet show, then actual war.
Baba was obv at a good price, still havent bought and wont buy, sometimes lokking at the whole picture is better then just lokking at numbers.