28-09-2021, 10:43 AM
High risk investment. Those who bought high saw it drop from $300+ to $150
Once it dropped below $160, the stock is good from a value investment standpoint. The risk of course is regulatory as the China govt might do something that destroys the value of Alibaba...many believe there is more bad news to come hence avoid China tech stocks.
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Once it dropped below $160, the stock is good from a value investment standpoint. The risk of course is regulatory as the China govt might do something that destroys the value of Alibaba...many believe there is more bad news to come hence avoid China tech stocks.
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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.