$Alibaba(BABA)$ down $8 YTD de

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$Alibaba(BABA)$ down $8 YTD despite so many catalysts. 2023 tax loss selling ended. Jack Ma didn't sell shares. Wu is better CEO than Zheng. Ant received regulatory approval. [Cool][Sad]

Made Barron’s Top Ten in 2024 list. Ma and Tsai bought $200M of BABA. $278B stimulus announced. China reduced reserve requirements and banned loaning of restricted shares.

China cut interest rates. Burry and Tepper bought. Interest rate cut. Record share buy back in Q1. Ma supports Tsai and BABA's recovery plan.

Better than expected Q1 economic data.[Grin][Grin][Grin]

Alibaba | Know Your Meme

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tyal
·04-17
Yea it is getting very annoying, nothing seem to be able to push the price up
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TigerVision888
·04-17
because of FED. All growth stocks are pretty much dead, until pivot.
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qwertd
·04-17
Lots of things happening, but still got a lot of potential.
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