[sgbuffett]

BABA pattern since it last major rebound.. Sell above 115 and buy at 110... You bought at 114

i am not able to predict short term movement of the stock.
like all investments it can make or lose $$ eventually.

take some lesson from master leong who bought 13,000 alibaba, he has 13yrs experience in investing and now does it full time.
many of his multi bagger and successful investments go down aftr he buy he needed to
be patient. if everyday you keep fretting about how your stock move you are likely to worry and lose.

i would disagree with master leong on alloating so much on one stock alibaba as nobody is infallible and we need to survive our mistakes. you can never be sure when you invest...alibaba can end a failed investment...even if it as good chance of success.