AdenSG
2022-03-22

Heard that alibaba is adding another 10b to buyback shares. Does that mean it is a good time to buy in to ride the wave?

Looking for advice. Very new to stocks. 

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Comments

  • skythelimit
    2022-03-22
    skythelimit
    The action like buyback means the company performs well and have a large possibility to growth. It's the right time to buy in.
    • AdenSG
      thank you! make sense! 😍
    • AdenSG
      but can it also mean that the stock suck and alibaba is trying to keep it above $100? lol
  • sunshineboy
    2022-03-22
    sunshineboy
    Now I think the attitude of investors and whole market are positive, contributing to the upward of the stock price.
  • sadsam
    2022-03-22
    sadsam
    NO! NO! Keep clam and wait for a moment. We don't know the situation of market exactly.
  • XianLi
    2022-03-22
    XianLi
    Just buy it! I have held some shares in it and wait to make a fortune!🛩🛩
  • koolgal
    2022-03-22
    koolgal
    Good action by Baba
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