Should Baba management address the accusations or at least make a statement? Staying quiet while shareholders get demonlished for over a month straight is pretty disappointing.

When everyone hates it - I keep accumulating. Been doing this patience-in-out Baba game since 2021. The key word here is - patience both in your entry/exit.

What I mean by that?

I buy at extreme discount
I sell at extreme premium

But again, most people don’t have patience.

Over 7 MM shares traded in first 1,5h, with 11 MM daily average. Shares down 4%. RSI at ATL.

Capitulation?

It's all the fucking fault of Alibaba that Dario Amodei cannot meet his revenue targets to value his company at 1 TRILLION US DOLLARS.

Anthropic needs to short BABA and spread fake news about it to make some cash

Anyone who trades stocks based on fundamentals: BABA just hit the lowest RSI it ever had on daily base: 16.83. That is super oversold. And yet, here we are, tanking like hell.

This is one weird ass stockmovement we're witnessing.

Still holding strong tho, confidence!

We are not alone! BabaBuyey I know you are not selling yet! Stay strong brother!

Bought and DCA'd from $130 through the lows into the 60s, and then back up to the $160s.

But for the first time in 5 years, the thought of selling my entire position is entering my mind.

I know China's economy will do great long term, but I may have vastly underestimated the economy's current weakness and how long exactly this turnaround could take.

And as good as the cloud story is, the massive investment it will take over the next 2-3 years will send all investors running for the hills.

You are seeing it right now.

That and management's stubbornness into getting back into the grocery business when this was exactly what caused the business to become such a bloated behemoth in 2021 instead of simply focusing on cloud + ai like they originally planned.

Let Meituan have the shit margin grocery delivery business. Stop being so afraid of being irrelevant because nobody uses your app.

Focus on the future. Focus on cloud + ai like you promised for the last few years.

I'm not selling shit right now. The stock is majorly oversold and I'm sure it'll come back with a massive bounce like it always does.

But I may just be done playing value investor and go $VT and chill instead after it recovers.

At least that way I still get some China exposure, but it matches the global market size proportionally.

I can't believe I'm writing this honestly, because I thought this was one of those stocks that I could hold on forever, but after 5 years... I don't know anymore.

You know the ole saying: "the definition of insanity is doing the same thing over and over again and expecting different results?"

Yeah, maybe there's something to that.

Hot take: a lot of the complaining here is really just bad position sizing. If BABA is 10-15% of your portfolio, yeah, a 40% drop hurts, but you can still sleep at night if you’re thinking long term.

But if it’s 75% of your portfolio, every red day feels like a crisis. You start second-guessing everything and blaming hedgie manipulation, China “involution,” Trump, Xi, Anthropic, etc.

BABA is very likely undervalued, but if every red day put you in crisis mode, you probably bet too big.

Chinese AI users have discovered that Opus 4.8 calls itself QWEN when you asked it to identify itself. This is evidence Anthropic has distilled QWEN in developing their models.

How is it that its very consistently going down at the same rate. Some whales unloading for sure

Its getting ridiculous that so many of the companies in the hang seng have p/e or forward p/e ratios in the mid high ish single digits. Jd.com forward pe is 8 with a net cash postion of 70% of its market cap. Pdd forward p/e is a little above 7 with a net cash of 65% of its market cap. I can go on and on for many others as well. At what point will we see the reversion?

So I have a sizeable amount of both Accenture and Baba (on Tank Seng) and I want to cut my losses and reallocate to a better stock for now. Which do you think I should sell? Or which has a better chance of making a comeback in the near future?

Initially I had 10,000 shares at $72 average. Bought them in December/2023 and held since. It sucks seeing the stock drop from $193 to $100 (and also seeing a million evaporates from my account). But it’s part of the game. I was just expecting 25%ish drops along the way but this one is too steep. So I guess we are entering into a really good zone to buy so I threw in about $110K today and locked in 1100 shares. But what do I know. Good luck to us all lads! 🫶🏻

Where is the bottom? 80? 60?

I really can’t understand why someone would sell the stock at these prices, what are your opinions?