r/baba
BABA play
Frustrated by BABA's poor performance despite strong macro data, but still adding to the position.
- Author is adding to the position at current levels, expecting a rebound.
- Fails to move despite the S&P 500 reaching all-time highs.
- Dropped 4% following a strong U.S. jobs report, indicating severe underlying weakness.
S&P 500 at all time high , this garage doesn't nudge . "U.S reports strong job report , this garbage slides 4% " Make it make sense .
I will be adding at these levels & bringing my cost basis from $79 to $100
Baba going down like it did 100% YTD but instead it was -20.71%. MAKE IT MAKE SENSE!
I’m just feeling blessed at these levels. Adding thousands of shares this week I will most likely bring this down into the 80s again. Patience has always paid me in time.
It's overvalued. It was properly valued at $70s.
1.8 times sales is too high it needs to be less then 1. Time to switch to spaceX at 100 times sales.
I often wonder why people with viewpoints like yours is even in a forum like this? Presumably if you're participating you are long, but your comment tells me you are either short or out. So whatever you say is moot and biased to the downside.
There's nothing wrong with opposing viewpoints. If you're in an echo chamber that means you're not getting all the information out there.
If anything, refuting the people on the opposite side of your trade helps make you more confident that you're right.
Back it up though. Don't refute without analysis or back-up. That's my point.
So the only thing accepted is blind shilling?
So you think you're a good Samaritan by "warning people" that this stock is worth about half its current value? Sounds like you have ulterior motives either way. You're shilling.