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Alibaba is trading way below fair price Got my avg down to $133 for 4200 shares. The stock ticker baba isn't actually regulated by the sec like most companies are, the numbers given to the sec can't be back checked through baba's books, they can only look at what is given to them
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So is alibaba stock a buy Baba bagholder, we still here after 2 years The bulls and the bears have good reasons to hold onto their stances
For investors willing to tolerate some volatility, it makes sense to buy alibaba stock today
Baba) is delisted you should be able to ask your broker to convert your us shares to hong kong shares (hkex 9988), one share of baba is equal to 8 shares of 9988 If you were unable or unwilling to convert your shares us shareholders will still hold their shares However, the shares would trade in the otc market.
Wel just rethought, i had 25k in china Then swapped for qqq and went up 50% in 23” so got a small profit. Decent video on baba buyback analysis As the china economy improves over time net income should remain stable or grow for the company to continue to buying back shares.
And that's ignoring two other big things, 1) the political risk, and 2) you aren't actually buying alibaba stock
Unless you're a resident of china it's illegal for someone to sell you alibaba stock (this is part of why chinese stocks tend to trade at lower multiples). Seeing all the talk about baba, the alleged buy in by rc last year and the significant stake held by citadel This is not the first time they’re attempting to pump this stock 84 years ago in the run up to and initial aftermath of the gme jan 21 sneeze, baba was very heavily pushed on the original bets sub along with plays like “the silver squeeze” and weed stocks and several people lost.
