@blinxz:$Alibaba(BABA)$Alibaba's most disastrous investment, wasted over $20 billion! They initially invested at a high point, and now it's down to just over a dollar. It feels like this investment is a complete write-off. The consequence of a prolonged bottoming-out phase is that retail investors keep piling in. In these areas where retail investors are concentrated, major players are reluctant to get involved.
@popzy:$Alibaba(BABA)$With BABA approaching 52 weeks high on HK market I would like to point thing one interested might miss: giant's operating profit is constantly growing, but net income volatility is due to valuation of the assets Alibaba has on the balance sheet. And valuation jumps.