$Alibaba(BABA)$is Baba a bargain these prices 180-200? Let’s do a quick analysis. Baba itself is a powerhouse with positive income / cash flow / consumer base and an ambition to continue to bring value and grow the company.
Irrational market behaviour and sell off due to its Govt regulations is in my opinion uncalled for. Investing Companies are perhaps scaring the market into selling off and pushing down prices of Baba before they leap back into the foray and scavage the cheap buy ins.
I am a buyer at prices below $200/-. The potential upside of Baba is rather huge at 20-40%. The market will eventually see that Baba is a bargain at these prices. Will you buy a ticket to be on thisride? [Cool]
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