MaDLabbit
06-15 06:22
$BABA-W(09988)$  $BABA-W(09988)$  I'm no longer bearish with Alibaba as the price hit as low as 106 last week. I manage to buy at 106.7 as I think it is oversold. Now Alibaba is consider cheap again. I was considering to buy into tencent but I think Alibaba will bring more value over the longer term. I expect Alibaba price to recover and will hit 200 by year end.
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Comments

  • jingli
    06-15 20:32
    jingli
    106.7 entry is nice lol I grabbed Alibaba lower too, but 200 by year end is a big swing. What makes you that confident?
  • JimmyTurner
    06-15 20:32
    JimmyTurner
    106.7 这单真会买,我之前总是抄早了
  • henryhan
    06-15 22:04
    henryhan
    agree Ali is at near bottom. safer  at this point to buy risk less
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