Baba bought back shares today 🫡 after many months

Investor summaryBullish

Alibaba resumed share buybacks today, leading the author to wonder if management has a crystal ball for timing the market.

Bull points

Management resumed share buybacks after a long pause.
Implies management believes the stock is undervalued or timed the bottom perfectly.

BABA价值 / 回购

Post body

Do they have a crystal ball? 🔮 😭

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