Just buy more guys!

2021-12-22

$Alibaba(BABA)$ I had been thinking about why are there so many bears on BABA? Rationally, we should be bullish, given its low valuation multiples and solid fundamentals. Even there is political uncertainty, delisting, etc, these should have been priced in. The only explanation for so much bearish sentiment is because they lost and sold off shares. They need the continuing fall to confirm that they made the right decision to sell and made them feel better. In other words, this sentiment does not reflect their opinion, but their wish.Just buy more guys!

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