$Alibaba(BABA)$ $BABA-W(09988)$ Well, it's been undervalued since the drop from the audit. But since then they diversified their portfolio, the audits over and this new policy gives them more resources, they have everything going for them. With China trying to keep their market from crashing, they'll likely not pay attention to BABA's business practices as closely. All this leads me to believe it's a relatively safe bet that they'll consistently grow. Now I do think it's been a bit over bought, but it was undervalued before. So I think increase a bit more, then it'll dip a bit, maybe 10-20% soon, then have a gradual increase to roughly previous levels before the audit. The guess is WHEN the sell off happens that corrects it. The stock is valued at about what it is now or maybe 95-115. So I predict that it'll grow for the next week, then correct to 95-115, then gradually increase at the standard rate but be fairly stable with an average of that 95-115 for the next month or so.
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