Yonhuat
2022-08-07

Why I think $Alibaba(BABA)$$baba$Alibaba(09988)$can move back to uptrend? A major catalyst of Ant Group IPO will cause baba shares to turn uptrend. Alibaba represents a stake in china economy. The Hang Seng moves where the stock goes. The Chinese govt will back it when it will be needed most. Delisting fear will deminish when primary listings in HKSE comes into play, bringing more china investors into play, support their own china company. Target $140 EOY

Will Alibaba Become a Meme Stock?
[Key Points] Alibaba rose 49% since last November. The news on Ant Group - an affiliate of Alibaba- boosted Alibaba shares as Ant was approved to increase 10.5 billion capital. Cohen - the well-known meme stock leader - bought Alibaba and put forward cutsomized suggestion for Alibaba. [Topic] What's your target price for BABA's rally? Do you think Alibaba get out of the woods? Will Alibaba repeat GME and BBBY's feats?
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Comments

  • matthew_more
    2022-08-07
    matthew_more
    Me too, is a FIRE practitioner, I scrimp on every cents to achieve that goal. It is a personal choice and FIRE is NOT for everyone.
    And i share my tips and tricks in my youtube channel sgFIREmovement.
  • Thalos
    2022-08-07
    Thalos
    Still China Govt has a hand on it. And that is going to clip its wings now and then. I would continue to sell puts
  • sugizoi4u
    2022-08-07
    sugizoi4u
    Thanks for sharing
  • WeeSin
    2022-08-07
    WeeSin
    Thanks for sharing
  • sgFIREmm
    2022-08-07
    sgFIREmm
    Me too, is a FIRE practitioner, I scrimp on every cents to achieve that goal. It is a personal choice and FIRE is NOT for everyone.
    And i share my tips and tricks in my youtube channel sgFIREmovement.
  • ccwee
    2022-08-07
    ccwee
    nice
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