jazzyxx
10-01

$Alibaba(BABA)$

I was buying like crazy anytime share prices fell under $70 but I also traded half my position away every time BABA got above $84.

I wanted to keep some exposure to China, so almost all of my BABA gains were put into BYDDF $BYD Co., Ltd.(BYDDF)$ and TCOM $Trip.com Group Limited(TCOM)$ which ended up giving me better returns than having kept it in BABA.

That was not due to any particular market timing, just that I was tired of the mostly sideways of BABA and had determined being long might not be as rewarding as my original thesis. I thought BYDDF was better long and TCOM was even more undervalued than BABA and had a better market position.

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Comments

  • Handyluo
    10-02
    Handyluo

    Great article, would you like to share it?

  • ykc5020
    10-02
    ykc5020
    Great article, would you like to share it?
  • 肥奥
    10-02
    肥奥

    Great article, would you like to share it?

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