It's only worth ,2 percent of Tesla
Alexander Delp
Posts (3101)
So if it was the 1980s this woukd be Toyota or Honda !!!!!
The thing with Alibaba is the oversold nature of Chinese equities for the past 3 years. Sure they look cheap compared to US equities. When Covid hit this was under 70. There hasn't been a rebound for reasons that China is not being viewed as Russia. In other words until the Chinese Stocks get listed in shanghai it is likely a wait and see. The theory is that 300 could be justified if listed in SHAnGHai
"We know fat lazy Americans Short Market" Tom y Chu
THIS COMPANY WILL BE LISTED IN CHINESE BLUE CHIP INDEX. WAIT TILL GOKDEN WEEK AND SEE. PLUS LUNAR NEW YEAR. THIS WILL GIVE EVERYDAY CHINESE CHNACE TI BUY AND HOLD LONG TERM
Remember when the talks were BABA woulb be the first Triloion Dollar Company?
Do your Homwork? This stock isntrading under the book value. If they could only get approved for the US market
Is it in good. I'm holding till the lunar new year. Golden week now!!
It's a buy. The Hollywood Strike is already baked into this decline. That being said ,"the sum of the parts start to look appealing. its at least fifty percent undervalued
Hollywood Strike set to end this weekend. With agreements on AI and pay.
