To The Moon

ALIBABA TEMPORARY REBOUND

I spent alot of time and money in various Ecommerce platforms to buy stuff at a lower price, getting these items delivered to my home at the comfort of my convenience. I must say Ecommerce platforms such as Amazon, Lazada, Shopee, Aliexpress, etc are booming whether lockdown or not, people are buying at the comfort of their home without having to step out of their home to buy stuff. Even groceries shopping is better without having to carry heavy stuff to your car or home makes shopping experience a delight.

Most students from my investor Mentor that he conducted, bought Alibaba and made a good profit for those who sold. However there are others who are not so as timing the market is a skill or gut feel. I did not buy Alibaba because I am cautious on China stocks, having bought before, got burnt and the fact that China govt is clamping on certain companies in China or USA, changing policies makes it more difficult for me to trust in China stocks. As China management style and strategies are different from Singapore companies, I would refrain from buying China stocks. Of course, there are also US or SG companies who went bankrupt like Hyflux and PSL Holdings. My greatest fear is delisting or bankruptcy of China companies which our laws are different and protection of foreign investors may or not be favourable to foreign investors.

As long as Alibaba can rebound firther, my hope is that Investors dont lose too much of your hard-earned money.  Lastly, if you have bought Alibaba, dont lose hope. Wait for rebound.

Happy Investing :)