$Alibaba(BABA)$ on $115 everyone was bullish, on $100 everyone is bearish, psychology :)
my opinion did not changed. nothing changed, it is the same company, same funda, same stimulus measures. stock looking for the bottom, before the next rally, i think. the bottom can be $90-$100. this is still a good point to buy. the real question is where do you think the price will be next year this time?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments