$Alibaba(BABA)$ Honest opinion

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JiakLiulian
2021-09-14

Honest opinion needed.

I have been holding Baba stock since 2020 and have been averaging down for a long time. With the failed IPO and the FUD and all the uncertainties with Baba.

1. Do you think it’s better to cut lost?

2. Should I still average down?

3. Do I sell puts for premiums to get back some profits?

Any honest advise appreciated

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Terrorfredx
·2021-09-14
revisit the fundamentals.
meantime can do 3
2 when yr convictions are back and high
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- TerrorfredxReplying toJiakLiulian:
  rmb to look through the risk
  The elephant out there
  espcially delisting risk.
  2021-09-15
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- JiakLiulian:
  Thanks buddy. Lets Hope Mr Ma surface one day
  2021-09-14
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CYLiew
·2021-09-15
Just 20% down nia
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- JiakLiulian:
  Seems alot for a long period of Time bro
  2021-09-15
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WDnemo
·2021-09-16
if you want to average down, 15x is a good spot. consolidating at this region for awhile.
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jonsdx
·2021-09-16
ask urself if u think Alibaba will be around in 10 years and u'll get ur answer
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123ckt
·2021-09-16
exit n buy other uptrend stocks
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Seeky
·2021-09-16
sell 220C
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Lets Hope Mr Ma surface one day ","text":"Thanks buddy. Lets Hope Mr Ma surface one day ","html":"Thanks buddy. 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