No hope？
$BABA-SW(09988.HK$
Alibaba going side ways, a lot ppl got frustrated and saying there is no hope for baba. Okay, let me tell you, base on my knowledge, Alibaba/Tencent is something irrepplaceable. The whole society would became disfuntional without alibaba/tencent. Without JD/PDD, ppl wouldn't feel a thing. Thats how important the company is. The e-commerce revenue is just a fraction of its power. This is how confident i am on this stock. I hope it goes side way or even down for another year, so i can accumulate as many shares as possible.I will bet 2 of my kidneys on this, it is gonna hit $1000usd/share in the future.
Alibaba going side ways, a lot ppl got frustrated and saying there is no hope for baba. Okay, let me tell you, base on my knowledge, Alibaba/Tencent is something irrepplaceable. The whole society would became disfuntional without alibaba/tencent. Without JD/PDD, ppl wouldn't feel a thing. Thats how important the company is. The e-commerce revenue is just a fraction of its power. This is how confident i am on this stock. I hope it goes side way or even down for another year, so i can accumulate as many shares as possible.I will bet 2 of my kidneys on this, it is gonna hit $1000usd/share in the future.
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103094266 : haha
丁蟹NAOP 103094266:
u wanna bet against my kidneys or something?
NewPower : Because there are still many people bullish on Alibaba, that's why I dare to say Alibaba still hasn't reach the bottom. Long term downtrend continue.
JG25 : agreed... I hope the price go down also hahaha so that I can get it at a lower price
丁蟹NAOP NewPower: great then.
Investing 101 NewPower: Lol what is that logic. A fundamentally strong company will forever have ppl bullish about it. Share price don't change a company fundamentals. So if ppl are bullish on fundamentals of the company, it will never go back up?
In fact I see more bulls running away from baba. Not more ppl turning bullish. Baba has reached a fear stage where even bulls are afraid to buy because they fear it has not bottom. This is the exact reason why I feel the bottom is near.
NewPower Investing 101: Time will tell. Let's wait and see haha
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Investing 101 NewPower: Anyway, I will definitely be closer than you are. Unless you are thinking the bottom is down at 30. Then i will admit defeat.
NewPower Investing 101: LoL you are wrong big time
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Investing 101 NewPower: I hope I am. I wanna see baba hit 30. Its like buying BABA at the price of NIO.
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