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What's the buy you regret the most?
Investor summaryBearish
The author regrets buying BABA, currently down 40%, and sees no short-term catalyst due to poor US-China relations.
Bear points
- Down ~40% with no short-term catalysts for recovery.
- Poor US-China relations and failed political hype offer no fundamental support.
Post body
Personally for me it's gotta be $BABA. Currently down around \~40%. I don't see any reason for it to increase in the short term. Perhaps if relations with China get better in the future, but I doubt it. There was some hype when Trump made the visit to China earlier this year, but it turned out to be a complete nothing burger for everyone involved.
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