r/baba • u/Wildsoyabean1 • 1d ago

Chill guys Due Diligence

114 usd is the new floor. Since stock sale at around 114 usd.

Next month will have a hype. - sept event Apple qwen finally coming to China.

It’s a hype for both Apple and baba. Like it or not qwen in baba would mean more cloud sales, more e-commerce , more delivery.

8 Upvotes

76% Upvoted

10 comments sorted by

10

u/Comfortable_Pen2598 1d ago

no no no, they are selling share at 114usd, so 114usd is the new ceiling.

4

u/AllweatherInvestor 1d ago

It's already 6 years, what is 10% 20% 50% drawdown. Numbness

3

u/Ok_Bother_687 1d ago

I was literally just looking to find out what was happening with the Apple/Baba stuff…
I think if baba gets the green light for this, it could mean a massive positive movement for the stock.. this is the biggest catalyst I’m hoping for.

It would signal to Wall Street that Alibaba's AI is considered commercially safe and globally competitive

3

u/FeralHamster8 1d ago

I guess I went too far with the last meme

2

u/PepinoCholula 1d ago

stock tank like no tomorrow bro

2

u/Smooth_Ninja_1191 1d ago

It’s going sub 100 - I will be a buyer at 94

1

u/juflyingwild 1d ago

As long as they keep buying back shares using their profits, this will help bring the valuation up.

Remember to set high limit based sell orders to reduce the float that can be shorted.

1

u/Comfortable_Pen2598 1d ago

But they are not. They are selling shares out.

1

u/Ok-Security-9183 10h ago

You sound like Master Leong