01-04-2021, 10:47 AM
(01-04-2021, 10:39 AM)Otter Wrote: Also, returning to the theme of BABA, looks like Jack Ma has either been disappeared or sent for reeducation. China, like other dictatorships, is not investible.
If the CEO of a Fortune Global 500 company can just be disappeared, imagine how low on the priorities list protecting shareholder value is...
I was sad when I dumped my accidental purchase or 220 shares Christmas eve for a quick $440 and the stock ran 10+ higher next trading day. I still own 6 shares of BABA in my growthy port and it's down $25. I think I'll sit quietly and hold for the moment. Not a chance I am holding a large position in a China stock longer than a couple hours. Still a good spec. Best chance for real large cap growth on the planet this year.