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Long term position in Alibaba, yae or nae?


 
 
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section The Money Spot
  
 2 weeks ago '04        #1
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pocketchange 185 heat pts185
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Long term position in Alibaba, yae or nae?
 

 
Right now I feel like Alibaba is cheap and is a long term play. Plan on holding it for years to come.
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 2 weeks ago '13        #2
noob101 4 heat pts
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I say wait and get it cheaper, around 116 and long term 74-64

 2 weeks ago '04        #3
pocketchange 185 heat pts185 OP
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 noob101 said
I say wait and get it cheaper, around 116 and long term 74-64
I doubt it's going that low.
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 2 weeks ago '04        #4
RETURNOFTHEKING 16 heat pts16
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i bought into baba right before captain orange face started talking sh*t about china and tariffs. ended up selling at a $180 loss. I love baba and will go long soon but not until twitter fingers is out of office. The guy tweets one time and all chinese stocks plummented 20%+
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 2 weeks ago '07        #5
j_k1dd 9 heat pts
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 RETURNOFTHEKING said
i bought into baba right before captain orange face started talking sh*t about china and tariffs. ended up selling at a $180 loss. I love baba and will go long soon but not until twitter fingers is out of office. The guy tweets one time and all chinese stocks plummented 20%+
This.

Having Trump in office makes international holdings volatile. But Alibaba is a good choice to diversify a portfolio with, as long as you find a entry point you're comfortable holding and starting at.
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