LOAD THE MFING WAGONS
Opportunities like this come around a few times in a lifetime. Major divergence on multiple indicators, major support just held, Baba is beat up beyond any rational point. Thank you Didi for pulling out of the NYSE for today's low. Even if Baba gets delisted or chooses to remove itself, I have absolutely zero issue holding this as an OTC stock. Fundamentally it doesn't get any better than this, and we are looking at pricing levels below what Baba trading for at certain points in 2014. Baba has become a significantly bigger, stronger, better company since that time and I will continue to buy more for a 10 year+ hold. This is a $200+ stock any way you slice it.
Note
Today was the confirmation I was looking for that the bottom is in. Congrats to those that bought along with me
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.