Thing is, I was hearing this about folks buying in the 200ās
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Tru dat, but in general whole market is rolling over. This drop is not specifically about BABA fundamentals.
Place limit buys at 60$s 
I bought somein high in the 200s from memory, but bought much more then it got lower, I think avg is $140 right now. I completely agree dont buy things just cause they are down, but those who genuinely believe in Alibaba as an investment should be happy to buy at these levels.
I have held of adding more purely as I currently have a couple of stocks I have been building out positions in that have more upside long term but BABA I think is still top 3 or 4 holding.
Itās not just whether you believe in the business. The fundamentals are fine, no question about that, even C Munger doubled down on BABA. Itās a risk for foreign investors like us.
China does not care about its stock market the way the USA does. Many things can go wrong (e.g. China invades Taiwan and faced similar sanctions like Russia - not the most probable, but we are in this mood now).
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Us folks are still here. Iām still happy I bought at 200! Iām even happier buying at 100.
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I look at my BABA holding and cry, then I go look at the rest of my Portfolio and thinkā¦ they arent much better 
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Baba still tanking furtherā¦Charlie Munger must be sweating by now
Why are we blessed with new buying opportunities today?
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Just a reminder that if you are 50% down on your investment you need a 100% gain just to break even. 60% down you need a 150% gain to break even.
Some book recommendations.
How to make money in stocks - William Oāneil
Secrets to profiting in bull and bear markets- Stan Weinstein
He has enough money to not care about BABA going to zero, I guessā¦
Heās YOLO every day could be his last. I mean Iāve seen less decomposed corpses. BABA is cheap when it consolidates Iāll buy more.
I have set up a rule with falling stocks, when I think the stock bottomed I wait for another 2 weeks minimum and see how chart develops, because I tend to lack patience. Alibaba still falling and I am still waiting to load up. Something in my head tells me, maybe the market knows something I donāt. Incredible, how baba broke 100$ā¦
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An even better one is wait for the price to go above its 200 day simple moving average. You wonāt catch the bottom but will be less likely to be holding bags for a long time
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Great to see Alibaba collapsing 
It will be interesting to see where it stabilises. Will it get to 60USD?
We shall see!
In theory if it looked cheap at 220 then 60 should be a bargainā¦
60 would be incredible. Iām in a position where pay day is 13 days away so Iām forced to wait this one out. Really hoping it wonāt rise in the mean time.
Allegedly Chinese stocks fell today due to regulatory issues yet again. This time an inability to inspect 5 Chinese ADR companies. They seem to be playing ball however: āChinaās Securities Regulatory Commission issued a statement Thursday saying it would like to work with U.S. regulators on the accounting inspections in line with international practices.ā Bloomberg - Are you a robot?
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Never ending SAGA. This is what cause BABA stock to plunge yesterday
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Tbh news is just excuse for either direction.
Whole market is tanking and those companies at most āriskā are tanking biggest.
Check any of āPandemic winnersā, ZM and such.
Now the biggest question, was this post 2020 March rally ādead cat bounceā, meaning we gonna see lower lows then 2020 for whole market or just retest lows.
I suspect we gonna se lower lows, but heck I am always wrong 
I really feel it is. For example in the article I last shared there was bad news that 5 companies were un-inspectable. However, the regulatory body behind those companies was totally open to compliance and regulation. It seems a bit of a knee-jerk reaction to me that billions in company shares would drop due to this somewhat negative news.
Weāre seeing a lot of pre-pandemic prices on stocks across multiple industries which for me is, in a sense, reassuring. Itās not my choices specifically being hit, itās the entire market.
Long story short: buying more BABA when I get paid in 11 days 
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