Baba is cheap based on all matrix. BUT it sits within multiple traps from everywhere. China government cracked down, China-US relationship, and increased competition all scared investors away from them. Their stock never able to breakout and sustain. The price has hovered around $80-$90 for a few years now. Each time it breaks through $100 (and recently touched $120) it comes crashing down in coming sessions. I was an investor but I have since sold off all my holdings. I will not come back to baba (or any Chinese stocks) anytime soon.
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No loss also miss a lots of other good opportunity.