JiakLiulian
2021-09-14

$Alibaba(BABA)$

Honest opinion needed. 

I have been holding Baba stock since 2020 and have been averaging down for a long time. With the failed IPO and the FUD and all the uncertainties with Baba.

1. Do you think it’s better to cut lost?

2. Should I still average down? 

3. Do I sell puts for premiums to get back some profits? 

Any honest advise appreciated 

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Comments

  • Terrorfredx
    2021-09-14
    Terrorfredx
    revisit the fundamentals.
    meantime can do 3
    2 when yr convictions are back and high
    • TerrorfredxReplyJiakLiulian
      rmb to look through the risk
      The elephant out there
      espcially delisting risk.
    • JiakLiulian
      Thanks buddy. Lets Hope Mr Ma surface one day
  • CYLiew
    2021-09-15
    CYLiew
    Just 20% down nia
    • JiakLiulian
      Seems alot for a long period of Time bro
  • WDnemo
    2021-09-16
    WDnemo
    if you want to average down, 15x is a good spot. consolidating at this region for awhile.
  • jonsdx
    2021-09-16
    jonsdx
    ask urself if u think Alibaba will be around in 10 years and u'll get ur answer
  • 123ckt
    2021-09-16
    123ckt
    exit n buy other uptrend stocks
  • Seeky
    2021-09-16
    Seeky
    sell 220C
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