First destroyed by Trump when he threaten to dismiss chinese company listing, then penalty by China government due to monopoly and delay of Ant IPO. Once Ant IPO OK, it will Fly!//
@HunterX:
Do not worry about the stock price if the company is doing well. Using the 3R model.
1) Right Business Model
2) Right Management
3) Right Valuation Vs Price
Baba has fulfilled these 3R and that means eventually the stock price will rise. A reason why value investor Charlie Munger invested $37 million stake.
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