Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Alibaba (BABA.US)$ As much as I understand a lot of investo...

$Alibaba(BABA.US)$ As much as I understand a lot of investors are not always open to listen to arguments from the other lair (Bears Vs Bulls), it is mildly entertaining to see how much the market overreacts every time some news comes out. Bad or positive doesn’t matter. The stocks swing wildly up and down before settling on a market consensus. And never ever have I seen that the market reacts appropriately to some news. One can always earn money on these swings if you see it coming and prepare. Yes there is risk for BABA, but the company is still worth something and a lot less risky that many other companies so what is a fair price? Meanwhile $JD.com(JD.US)$ which is in the same business as BABA only smaller and has a slightly different business model (more similar to $Amazon(AMZN.US)$) is doing great. If the Chinese consumer spending is going down I don’t understand why only BABA should hurt, and if it’s not perhaps the fear of china’s version of state capitalism is blown out of proportions. I doubt anyone (China or the US) want to see BABA fail.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
22
2
+0
8
Translate
Report
46K Views
Comment
Sign in to post a comment
I love Kimchi
2Followers
10Following
718Visitors
Follow