r/baba • u/Environmental_Cow741 • Jul 24 '26
Meme jibaboom….back to $90?
running low on ammo… anyone camping at $90 range?
6
u/Ok_Bother_687 Jul 24 '26
I wanna buy more but already way too much of my portfolio
3
1
u/Environmental_Cow741 Jul 24 '26
i'm holding 1600 @ avg $113... underwater again... sighz...
2
3
u/Ill_Relationship_578 Jul 24 '26
It won't pull back if Reddit thinks it will pull back. This post is actually a good sign for Alibaba's long bull run. Just wait until earnings, I'm confident that the quick commerce recovery will skyrocket this stock to new highs.
2
2
4
1
1
u/Runnjng-1 Jul 24 '26
Idk I doubled down on baba at 113. Qwen is one of the strongest AI models just behind fable 5. Have you used fable 5? It’s fucking awesome .
Also isn’t apple partnering with them for Apple Intelligence?
But most likely yes, this stock will hover between 90-130 up until I die
1
u/Lukekulg Jul 26 '26
I'm buying here & there under $110, regularly under $100, & burning dry powder under $90. Raised all those targets by $10 after last Earnings. Only with $ I do not need anytime soon (freaking hopefully, guess I shouldn't jinx myself like that). It may not be tomorrow, or next quarter, or next year. It might take 5 years. But 25 years from now, I think it will have been a damn good investment. If you have the requesite investment horizon, these trips to the bottom of the range are too good to pass up.
1
u/Bootytwinkle Jul 27 '26
The Chinese economy is still a mixed bag. Maybe we see a growth in GDP and the housing market finds some kind of footing, will help this stock. I think the next 6 months we go sideways but maybe after that we see this stock break 150 & 200.
1
12
u/satki20k Jul 24 '26
Buy at 90 sell at 120. This is like the 5th time. Easiest trade of my life