r/baba
Is $131 A Good Average Price?
Author holds 100 shares of BABA at $131 average and asks whether to buy more or sell.
I have $100 shares at $131.
Should I add more or sell?
Warren Buffet once said "Freak the fuck out and sell everything. It's fucking over"
Did he really?
he said that once in a bar when he was drunk, after that he sold all of his positions and rebought them next day when he was sober on all time highs
It’s the quote he’s most famous for
Annual shareholders meeting 2025
Doesn’t matter. Hold for 5 years and see what happens. This either 3-5x five years later or sub 100.
Who knows with this POS
I think we will have 6x or so in 5 years if everything oes well so it might be but there is better options in short term with all capex spending and decreasing chinese costumer
200 is reasonable
I sometimes think baba bagholders probably love doing self-inflicted harm.
If it is good enough to ask, it is good enough to buy.
i think he meant 100 shares at $131 avg price
Bag 💼 holder at $150s…. Fml. 🤦🏻♂️
Lower your average man, 130 USD is a good price to buy right now.
Lesson learnt. Chyna bad