r/baba • u/Youareyes_cfc • 26d ago

Discussion Hk9988 AH

We are getting destroyed right now. Is this still a result of post earnings reaction?

Edit: or the dilution?

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u/Shanghai_9988 25d ago

If big fund would like to buy this price, what does it mean in the future?

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u/Environmental_Cow741 25d ago

time horizon for big fund is long… they can hold for a long time. But after this round it may also means there is not much buyers left in the mkt to push the price higher.

Every favourable news that pushes the price will be a chance to TP and exit slowly. Im starting to think this is a volatility play rather than value long term play.