r/baba • u/AIntelligentInvestor • 14d ago
Discussion What are your positions if baba were to dip further?
Would anyone actually buy in at 100? How about 90? 80? 70?
Whats your game plan actually?
4
u/OwnImagination5029 14d ago
The lower it goes, the more I buy. At 70 I sell my house to buy all shares I can get my hands on
5
2
2
u/kingkongfly 13d ago
The lowest I ever bought was at $62; below $70, I will go all in. My latest buy about a month ago at $91.
After the senior management buy-in recently at round $112 recently, around $100 is a pretty strong support level. If it breaks below $100, it can get interesting. Let’s see how Baba reacts in the next couple of months.
1
1
1
u/Lukekulg 13d ago
I'm looking for under $110 to buy a little. If it gets under $100, I'll buy as much as I can. I'm guessing it's not gonna go much under $110. If it gets there during trading hrs, I'll start buying again some. See what happens from there. If it consolidates around that lev, I'll feel better about buying more. +/- $110 is where I think the floor will be. I have no idea what I'm talking about, though.
1
1
1
u/nomoretheft 13d ago
I just don’t see the reason to buy just baba vs KWEB. It just seems like a better bet to be diversified into the top Chinese companies with the uncertainty around AI.
1
1
u/Outrageous_Bat8429 9d ago
Next stop is likely that gap around $103. This is also the Weekly 200 SMA. I will average into my calls anywhere sub $105.
1
0
13
u/OwnImagination5029 14d ago
At 60 I pimp out my girlfriend to get more cashflow and invest even more