Sky Bike

True, but $11 of the $12 can be "donated" in a blink of an eye and no laws can be enforced to protect you. Maybe their Zero Covid policy is inspiring your confidence in their competency.

The gov policy has a bigger impact on the market than earning reports. That is why funds are leaving the country. Good luck to all the gamblers who bet against trends.

If you were not able to predict this downturn from a year ago, what makes you think you will know what will happen in 5 years.

The gap is begging to be filled. LOL

Looks like time to harvest losses.

Just look at what they are doing now dealing with Covid. The fact that they are still holding on to "zero case" policy is just astounding. Also, understand why they have to continue supporting Russia to keep Putin in power. At a time like this, balance sheets are taking a backseat in term of evaluation.

Looks like a island reversal.

Why is everyone making such a big fuss about Charlie if it is such a small portion of the portfolio? Sounds like these people are trying to misguide others. I see people are allocating a big portion of their investment fund to BABA becaue of all the people referencing Charlie.

I did it on purpose. LOL

It does if you are investing with margin debt. Probably getting called if the price keeps declining at this rate.

Daily Journal took out 40M margin debt to invest in BABA. Wondering if they are getting margn call.

Ouch!

Guys. Stop thinking that the CPC will stop harming the big tech, That is purely wishful thinking. It eliminated the entire education industry and putting millions of people out of jobs within a few days. They WILL do anything as long as it helps to consolidate the party's power. Not considering the current political risk pretty much make your analysis model irrelevant.

The display of disrespect and condesanding behavior by an inidividual is indeed quite entertaining. I hornestly cannot believe anyone can lack any sense of humility.

$100 is not a major support. The last major support was $110, which it tested a few times and broke last week. This one should be trending down to $85~90.  Maybe Charlie can "double down" or "All-in" again to give it another boost.

Alibaba doesn't want SEC to audit its balance sheet. So it is hard to say how strong the balance sheet is.

Feels like it this closes below $110, it will start trending below $100.

Printing an inverted hammer today. Observe the next two trading sessions. BABA have to close above this resistance first.

Even going up 100% now is still underperforming for people that has been buying every dips.

I hope this works out. This stock has been underperforming for so long, and have so much to raise just to catch up.

The party's solution to anit-monopoly of a private company is to "nationalize" these companies by becoming the majority stock owners or via golden share holder. That is just ironic.

Will the China new VIE rules become a bull trap?

Looks like consolidation. As of sentiment, the party continues it targeting of celebrities. The latest victim is the online influencer who host a selling program on taoboa. She broke the sale record this year on Single day. She was fined an enormous amount of tax evasion and now all her social accounts and online info have been deleted.

Many of the companies will be under the party influence. It is just a matter of time. Didi has agreed to give 1% golden shares. Ant has essentially been nationalized.

Pretty much every stocks are raising to the resistance level today. BABA is just not getting any love.