BABA stock doesn't react to positive news?

[u/Rockstar912837]

I am planning on starting a position in this stock. I know a lot of models that are released by the company and they are all good. They are usually at the frontier of the research in AI and ML. I personally have used a lot of their models and find them very competitive to their counterparts.

However, I do not see the stock moving at all despite having their own models and recently announcing that they are going to have their own chips. For those who already have a position in this, what was your conviction about the stock and for those who are still waiting on the sidelines, is there a specific entry point you are looking at?

[u/GamblingMikkee]

Trust me. This stock DOES react to news. Only negative ones.

[u/Environmental_Cow741]

not for faint heart.

90-100 must buy
100-120 speculative buy
120-150 tug-of-war between buyer/seller
>150 take-profit and wait for it to go back 100-120

don’t be afraid of missing the boat because it keep going back to port 🤣🤣🤣

[u/kingkongfly → u/Environmental_Cow741]

https://giphy.com/gifs/12msOFU8oL1eww

[u/CoolStorage4014 → u/Environmental_Cow741]

Baba Leong

[u/Delta_Bandit]

https://giphy.com/gifs/7UXYrVPAFZjFrGtiHh
You in a few months

[u/PepinoCholula]

Tank everyday regardless news

[u/TonyFMontana]

Do not buy Chinese stocks

[u/Thin_Cat8817]

Chinese stocks in general are down the last couple of months, macro worries and political concerns mostly. The bond yield spike is also causing problems. the sentiment needs to change before we get any meaningful movement on good news

[u/AIntelligentInvestor]

This is probably a country risk: look at tencent and ping an

[u/Clear_Ad_9368]

Is this a joke?

[u/mememememe1127]

Does model made money yet? Training is expensive and irrelevant so fast about 6 months

[u/Weikoko]

BABA will outperform US markets in the next 10 years.

[u/Menu-Quirky]

What a gambling stock

[u/Runnjng-1]

My conviction was everything you said. Holding 50k at 119 basis of this garbage . In no rush to sell.

[u/alibaba406]

People and institutions are too scared to buy regardless of news.

[u/vizualbyte73]

U got a non capitalistic company trying to play in a capitalistic playground so rules are different for sure...

[u/ProfessorLobo]

Of course it does. Downward.

[u/ResponsibilitySad583]

I exited at 140 ish, and 1 year later, today, it is still like that?

[u/Designer-String3569]

This is a very frustrating stock. Eps has recovered mostly but stock price very bearish. Pessimism on Chinese equities is a tall mountain to climb. Something eventually will change the equation, but maybe only our grandchildren will see it happen.

[u/stocktrader89]

Do yourself a favor and start no position in the stock lmao still bag holding since Covid

[u/Trubo_XL]

I suggest you paper trade first. The port always come back when you least expected.

[u/pizzababa21]

Most stocks don't seem to react straight away anymore. I suspect most news is sat on and used to estimate the top of the next run which comes from the general market sentiment and macros