Investors have capitulated on
BABA as seen by the huge volume spike. Alibaba is a solid company with lots of growth, and massive negative debt. It won't go bankrupt with how much cash they have and negative debt. As Peter Lynch would say, going bankrupt without debt is impressive.
This downfall has mainly been caused by a scare of anti-monopoly regulations and lockdowns in Shanghai. In all honesty, I believe this is nonsense, and it will pass with time. I see it as a covid March 2020 dump 2.0
Sure the CCP doesn't want Alibaba to have to much power, but they want this economic growth, and solutions will be found. I think this is a good time to average buys into
BABA for growth in the future.
This downfall has mainly been caused by a scare of anti-monopoly regulations and lockdowns in Shanghai. In all honesty, I believe this is nonsense, and it will pass with time. I see it as a covid March 2020 dump 2.0
Sure the CCP doesn't want Alibaba to have to much power, but they want this economic growth, and solutions will be found. I think this is a good time to average buys into
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.