Covid zero is ending. Delisting fears are over. I was screaming $58 was the bottom (check my post history). It’s crazy to think how much fear there was a few days ago.
There were no good reasons to double down. It was max pessimism. Luckily, I bought more shares on margin. While most of you gave up, I did not falter. BABA has become the equivalent of I-bonds. It is guaranteed to revert back to $200 minimum.
I have 1050 shares. That will net me $210,000. I’ve already started to go housing hunting since I can report my net worth as 200k to mortgage brokers.
I’m going to get my new girlfriend pregnant now that we can afford kids. I will finance a brand new Lexus while I wait for my BABA bonds to mature.
BABA holders will be hailed as investing gurus who were smart enough to see through the overwhelming fear. China is not uninvestable!
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Came here for this tardery.
Sounds like perfect logic to me?
I’ll read it again after I wipe the tears of laughter from my dreary eyes!
What’s the guaranteed lotto numbers again!
China is the inverse of safe guaranteed gains. All of it aside from Taiwan.
Baba long indeed.
Bábalonglongbaba
>You are correct that there was a lot of fear surrounding BABA a few days ago. However, I believe that the market has now priced in the risks associated with Covid-19 and Delisting fears are overblown. I think BABA is a good long-term investment at current levels.
BABA goes to $120 in under 3 months. I’m buying as much as I can !
You son of a bitch I’m in!!!
definitely dont agree
Hm yeah..COVID Zero is ending huh?
Xi is taking on JPow to see who has the biggest d*CK and showing no signs of slowing down.
What are you smoking?
You got any of that left?
well not bad outlook, Double bottom confirm, and look on 1W rsi, divergence happen. Go to the moon regards..
BABA long….. all the way partner
Its P/E is 37. It is insanely expensive even now. And the “stocks” traded on the US markets are not really regular stocks but ADRs which can become worthless whenever the Chinese government decides to close this loophole.
It is the opposite of safe.
This might be the biggest MEME of 2023 or even the year after before the presidential election for Geopolitical reasons. the stock may just run run run hopefully runs like tesla did. The Taobao platform cloud services & the stock at this price is a no-brainer and when Chinese stocks move they just don’t gradually go up they go euphoric and a very short time so a short time to this stock would be six months but to go euphoric and be a short two years in a 10 year scale ; give me the five banger we hope
Psst… Mortgage bankers don’t care what your net worth is. Rather, how much you make from your job (trading stocks doesn’t count).
Happy house hunting
Proof of position?
Fuck china.
Ishares china seems more smart then just baba..
Damn it, Frank! Did you forget to wear your tinfoil hat again? Please show me which teeth the government is talking to you through
BABA is big lump of stocks
100% risk free except when you buy BABA you are buying ADRs, you aren’t allowed to own Chinese property unless you are a citizen. So if the geopolitical situation worsens at least you can use those ADRs as toilet paper.