Sale price ***BABA / Alibaba***

I think its fair that you can only buy in this scenario, if the news is false its an immediate 20% or more profit. Obviously if its true then we are doomed but i still find this scenario unlikely. If we shut off chinese companies, china will do the same in retaliation. There can only be so many big countries isolated in the world otherwise foreign investment will fail overall due to fear.

What happens with my baba shares on trading212 IF BABA gets delisted from the US stock market? @Team212

I want to continue buying the never-ending dip but would like to know what happens worst case scenario with my shares I purchased via trading212

Hey, @JustLookingThx.

Currently, Alibaba Group continues to be traded on the NYSE. While we cannot provide insight into the hypothetical scenario you’ve mentioned, we’ll notify all shareholders in case of any changes.

Was about to buy some more today but… 65?!

Well, it might go even lower than 65$

Just be aware of their vested interests. They will be buyers, same way many institutions will load up on Russian stocks where they can.

3 Likes

Sorry guys but i think I’m responsible for the drop today, I bought back in on friday after saying I wouldn’t buy BABA stock again. It always drops after I’ve bought in, the only hope you’ve all got is that i have enough tomorrow and take the loss. In which case it will rally atleast 30%…

4 Likes

I’m not even annoyed or mad anymore, this is a genuine spectacle that I’m in awe of. This has to be one of the most oversold stocks right now.

3 Likes

Buying stocks under the 200 day SMA this tends to happen

Maybe I can jinx it even further, hiting buy today before close… tomorrow we go 20% down for sure…

4 Likes

Down to $73 premarket.
If it drops below $70 I’d said to myself I’d be selling something to buy a few more BABA shares. Damn, the company has $70B in cash, 30% of its current market cap.

It’s a bit of a perfect storm for BABA right now. Other Chinese stocks under regulatory scrutiny, Sino-American tensions at a (at least perceived) high, the risk associated with BABA being an ADR, the current war in Ukraine, the perceived risk of China-Taiwan belligerence.

$70B in cash, 30% of its current market cap

This is insane though.

1 Like

So Market hours changed yesterday, market was closed already.

However, jinx approved in the morning.

2 Likes

Luckily covid bringing about WFH has enable me to get 2 full time jobs and be able to write off BABA and some other stocks losses without much pain. If they ever recover that will be an unexpected bonus for me.

So good luck guys :+1:

1 Like

Well, the word “might” is interesting and it works like a wildcard. Noone knows what will happen in the future. Yes it is true it might go even lower than 65$ or even in the extreme case to $0. But is also might go back to previous last year high e.g around US$275. People could easily see that US$275 is higher than US$65.

The stock price has now detached from reality and fundamentals. It would be foolish to sell based on a sentiment.

Hence why I am buying more. Exactly that reason.

The stock IS disconnected from fundamentals though is it not?

We’re not actually buying a share of the company, we’re buying into a separate foreign entity. Which adds risk.

Looks like pre market liked my 20% price movement prediction, fortunately I’ve held my nerve and not sold yet. Lets hope it can move back up over $100 and find some level of support there for the time being.

1 Like

Good speech yesterday by Xi - promised to support the markets. Said he’d support ADR’s

1 Like