$Alibaba(BABA)$ No way people are going to let big players get shares around 112 when others were paying 119-130, and then 113-118. Might even drift lower from here. Still bullish long term, but there's no way people just let that slide.
$Alibaba(BABA)$ We hit 113, only 11 points away from 102. When it gets to 102, not if, I'm buying all I can. Ford, stu, and Fredricka will each load up 14 shares.
$Alibaba(BABA)$ PDD is sitting on so much cash it's almost absurd. When US AI names go through a correction, I'd be surprised if one of these giants didn't step in and try a takeover.
$Alibaba(BABA)$ The stock was at 125 pre-earnings, 130 right after earnings, then dropped to 119. Sitting around 116ish as I'm writing this. We found out they diluted shareholders, and a lot of whales got shares at 112. Bullish long term, but I honestly hope this thing drops to $80. Not that it would bother the whales or anyone more sophisticated who can trade options, but it would sure put a smile on my face.
$Alibaba(BABA)$ AI feels a lot like the internet. Maybe it'll settle into something like $20-50/month. And it can organize everything... scheduling appointments, buying items and groceries to be delivered to your front door, finding and recruiting on-demand robo-taxis... on-the-fly tools to use with AR glasses for whatever you want, real-time language translation. Your house, car, you, e-commerce, social media — all connected in a more streamlined way where you can do just about anything on the go and faster. Over the next 20 years, we might actually see a technological boom.
$Alibaba(BABA)$ Overall decent day for BABA. It recovered most of the earlier pressure from China-related trading. I was waiting for my crypto to unlock so I could pick up another 5,000 shares, but the timing didn't work out.
$Alibaba(BABA)$ is the only company with positive cash flow that is still investing heavily, and the growth numbers in quick commerce and cloud are worth checking. They are taking share from competitors.
$Baidu(BIDU)$ $Alibaba(BABA)$ Not much of a challenge for China's high-tech and AI sector. After China's CXMT announced an $8.6B IPO, it sparked concerns about a potential DRAM oversupply. Micron (MU) fell 5%, while SK Hynix (SKHY) and SanDisk each dropped 7%. The Roundhill Memory ETF (DRAM) sank 7%, and Western Digital (WDC) also fell 7%, pulled down by cooling AI momentum.
$Alibaba(BABA)$ I've held this position for a long time. I just received a dividend payment, which was a nice surprise—I didn't even realize it paid one. I almost sold out last year, but I'm glad I didn't. I added some shares when it was under $100 and later trimmed a portion of that lot. My initial cost basis was in the $80s. While I'm generally a fan of US equities, I think some quality megacaps in China are looking like deep value at the moment.
It's fascinating how some investors operate. While missing obvious opportunities to optimize positions, they later post convoluted chart analyses. The real kicker is managing to stay underwater despite $Alibaba(BABA)$ 's impressive YTD performance. The lesson here is maintaining independent thinking over following questionable technical patterns.
$Alibaba(BABA)$ Dumping this stock now is pure madness. The price was tanking today until $Advanced Micro Devices(AMD)$ 's news dropped like a lightning bolt. Every AI headline will send this rocket higher. Buckling up for the $350 moon ride