$Alibaba(BABA)$ Baba valuation is below it's ipo right now. 9 years on the company is much larger, and has much more cash and cash equivalents. At the same time it has over double digit subsidiaries. It does not take a genius to figure out that the company is here to stay for many a decades to come. Chances of bankruptcy are zero. The last 3 years have been painful for baba stock holders, and those who held the shares since ipo and didn't get out at the right time. This however may be a deliberate shake out by big hedge funds in US, and Chinese market makers to deprive common people from making generational wealth. When the upswing comes it will be too fast and common investors will keep saying let it come down so I can buy, but that will remain a wish if you are not in baba right now. For a better part of 6 years baba and Facebook had similar stock price, but then US policy change towards China meant that baba went into a downwards spiral. It is now behaving like a fully compressed spring which once released will shock the world. It can 10x from here.
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