Today, Alibaba Group stock (BABA) has received notification from the State Administration for Market Regulation that an investigation has been initiated into the Company pursuant to the Anti-Monopoly Law. Alibaba will actively cooperate with the regulators on the investigation,
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For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 295,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
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You shouldn't do options guys, it's gambling not investing.
I honestly think in one of these situations you're wrong. China's forcing them to scrap a portion of their business so the upside sadly is capped at where it is right now.
Not getting in until it shows solid signs for a reversal saved me from this dip trading plan ftw 😂😤 now im startin a small position as an investment will be adding more if a trade shows itself cant wait
Buy puts.
do you trade or invest in stocks? (or both)
So at what price is a for sure buy?
It's not like they will shut down the company. They may be fined and that's it. Buy the dip!
Alibaba dropped because of Taobao violations. Is gonna drop more because they got into a lawsuit.
I personally wouldn’t touch it. Not that a person can’t make money off of it, but why bother with it when there are so many other companies that are safer and more predictable. It’s been down trending since November. It’s like TNDM’s older sibling. Something behind the scenes is probably off fundamentally. I don’t know enough yet to know for sure tho. Hehe.
Initiated a small position with 11 shares. Will buy more if it slips further.
Great for longer term investors! For swing Traders, be careful! Like what Ricky usually says, wait for the consolidation, wait for it to show signs of a reversal and then buy in when it shows signs that it’s going up again! Don’t fomo or panic!
Shit that was a useless video. My name is Ricky I buy High, sell Low, I don't average down, I average up. Legend
Merry Christmas everyone. lets make 2021 a good year.
It is under attack by the dictatorship
I sold a good portion almost 80% of baba to play with spce after your vid the other day so you kinda saved me.. was able to buy back in @ 213 today will see if it can bounce back
Trump didn't sign the stimulus checks Monday is going to be a drop to hell. Hopefully not but signs pointing to maybe yes 🤔😢😢
no need to reduce position. in fact its time to buy more. china will never damage the company that put them on the world map. so nothing to worry about
Sell all remaining Alibaba on Monday
Buy Tesla!
Ricky, I was searching for training videos on Day Trading and accidently discovered your videos. That was a month ago. I then realized what I have been missing for almost 20 years of my trading life which was full of disastrous results coupled with very heavy losses. Because of my past (losing) track record I was wary and followed your instructions to the letter.
I have been gradually building up my profits during the last 10 days (averaging initially $100 a day and today I made $1039).
I am gradually building my confidence and thanks a million for your detailed guidance. I am still very slow in trade executions. Can you do a video on how to do Speedy Executions and on Trailing Stop Losses. Ediri
Apple ? Really lol
Great insights! Baba and the sheeps ran away lol
I think I'm done with these Chinese stocks. They have way too much potential for negative news it seems like. Whether it's the threat of U.S. delisting or crackdowns from the Chinese government there is just too much risk here. Even if China is the largest consumer market in the world, I think there are much better places to invest. I'm taking BABA, JD, NIO, and DADA off my watchlists. Amazon is the much safer play here. For international e-commerce exposure JMIA is probably the better choice too.
If you don’t understand china, don’t invest anything there
bought the dip, more buyers will see the opportunity on Monday….way oversold on a overreaction.
Still too soon to hop in this imo. You got that bill that Trump could still likely sign that would threaten to delist Chinese companies. Is that potential outcome fully priced in? I don't think so..you might get in now on the upside, but that bill is just waiting in the background and I'm pretty confident he will sign before he is escorted out of the WH.
I sold it at 260 because of the bad news that didnt go away. Felt that the money could be in other stocks.. which is c3 and abnb which has gone up again. I did buy the "dip" in abnb
BUY BACK IN! Alibaba is the world's largest retailer and e-commerce company, and on the list of largest Internet companies. -20% dip today ($277>$220) The market will correct itself.
Avoid, avoid, avoid!!!!!!! There is more to this than a minor blip. The share price will be on a downward spiral for some time. Play it safe with Apple and Amazon for now instead. 👌
I don't fucking care about the news and rumor. This price for baba is too attractive so I just bought 100 shares. Think simple, make money simple.
All about politics. Analyzing any Chinese stock is a « bulshit » work. No theory can model the thinking of Chinese government. So please stop spreading wrong info. It completely random. Look at PDD vs JD !! I Lost 23%, sell and go forever.
Just bought in AH @ 221, let's get this money!
A lot of selling pressure right now. We can easily see this drop some more! A perfect example on why to watch your position size if you decide to buy EARLY! Happy Holidays team!