r/baba
Crashing in the premarket
BABA is crashing in premarket due to unreasonable geopolitical influences.
- Stock is crashing in the premarket.
- Heavily and unreasonably influenced by geopolitical risks.
Annoying but we need to take the fact this is just unreasonably lot influenced by geopolitics.
Unrelated news
But Tiger brokers and Futu facing massive fines in China
Both facilitate cross border trades
The whole dejavu of Chinese government can fuck you over just went next level
I doubt it’s unrelated. I’m sure FUTU drop is what’s bringing JD, and BABA down
It’s not directly related
But the correlation is obvious
Tbh. Holding this just makes me feel fkin low…
Been there over the last fucking 5 years
Jesus guys. Stop the whining please. The fundamentals are getting better
Meanwhile greatest bull market keep chugging along, this is truly the worst stock. Once US crashes we will probably reach new ATL.
I held for 4 years through the worst and managed to get out in December. The fomo got to me and I got back in last week during the xi-trump meeting. I think if this thing bounces back up on some bs optimism again, even at a slight loss, Im out of Chinese stocks for good.
US crashes? I heard that since 2015.
dont make the mistake of getting back in on fomo
this crap stock can only go 1 direction, down
Tank seng always goes down
That's a sharp decline gosh damn
KWEB is crushing me 🫠
With Xi’s money 😂