Great earnings from Alibaba, considering the bad environment. Let’s see.
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I will be buying like crazy if BABA drops sub $80. Lets hope it doesn’t because its already 1/3 of my portfolio. As the person above me said, smashing earnings.
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No way are we actually breaking out?!
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More positive news from Beijing.
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Great moves, looks like sentiment is slowly changing
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Nice rally today. Hopefully the beginning of something better.
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I hold some BABA. It’s mad at the moment. How many $300bn market cap companies go up, down and back up by 20% in a single month?! That’s more the kind of behaviour I’d expect from small cap stocks.
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I’ve decided to fix profit for now, although might return again (I hope it will be done round 100 soon)
After over a year of frustration and averaging down, I AM FINALLY in the green!!!
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Not far behind you.
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Lets hope we hold this positive up-trending channel. I can’t believe that BABA is actually breaking through its moving averages. But remember, BABA is still likely to go down if the overall market continues to dump. I feel like we are in another relief rally and will fall back down soon. Saving up cash.
It’s going down today in HK
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BABA, the only stock which can wipe out a month of gains in two days.
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It will come back again.
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So now it’s 100$ again
Will buy a lot at $85 and below.
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Actually it’s really very strange - company itself is very cheap comparing to their stats, although market ignore that
Market doesn’t ignore that, the market simply sees other risks you might not be seeing.
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Conversely markets could also be overreacting, and it could overreact for very long periods of time.