11-18-2021, 01:47 PM
Trudging through the zillion bagholders who thought it was a buy $70 ago will be the challenge. They will sell into every rally like they do every other stock that got crushed. It's going to come down to the CCP backing off and eventually they will see that they should. The significant forward guidance downgrade is what strengthens my belief China has some economic issues to resolve in the real near future. BABA is a bell weather stock so I think they predict the short-term Chinese economy. Not sure who else would now that real estate BIZ is crashing.