$Alibaba(BABA)$ short-term mig

2023-11-20

$Alibaba(BABA)$ short-term might not be the best right now but I am still bullish on BABA, the fundamentals are solid and it is not a question Of if but when price targets are met and the company flourishes again. It's a fire sale! There might be opportunity cost in theshort term if you want to get other stocks, buthighly recommend BABA for long-term to make big profits. The political situation might be complex but China will always find a way to overcome it with their strong economic outlook.

Will BABA Lose More on Jack Ma's Stock Sale Plan?

Jack Ma family trust, plan to sell Alibaba on November 21st, with a combined stock value of $870.7 million. The outlook for Alibaba's paramout domestic e-commerce business remains less optimistic; Alibaba Cloud is facing challenges due to the chip war. With its worrying earnings and founder's stock sale plan, Alibaba fell 10% after earnings. -------------------- Is Alibaba worth investing or not? Are you a bagholder of Alibaba? Will BABA lose more with earnings miss and stock sale plan?

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