2024 Market Sentiment & Positioning

elvintay07

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Very few who can actually see this.
But on a side note, why Paypal? Its on my monitor list lah, but didn't really keep up with its recent development
Today put money into Alibaba is worst than putting money in ARK invest. Ark may make miracle with some of their amdk companies. Baba I don’t know. But I think Master Leong very bullish. Personally I think not the end of China but high chance end of Baba
 

elvintay07

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Wats your target entry price? Recent lowest price was $50-$51 I think.
Bought some at $60+/-. This kind to me quite safe because already drop from $300+? I see many of my friends buying grab but buy grab might as well buy PayPal. Haha! Grab is total cui. Spoke to their customer service officer, cui like ****. To me poor service = poor stock price.
 

edwardZ

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Views on BABA really on both ends.
The only thing I dont understand is why would such a big company with good fundamentals have share price continue to drop and drop. Unlike it is done intentionally.

yes, alot of times its done intentionally as the dealers want to fulfill their clients' orders. BABA may have good fundamentals (which determines the price range/channel it can hover between the highest and lowest points of that given period based on the research/fundamentals) but the big boys can continue to push it further down to execute all their big clients' orders first before allowing things to reverse. Also, partly because the dealers are just slowly harvesting all the retail money and pissing us off first.
 

d9_lives

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Reading all the negativity about baba here, strong signal to buy. Bullish.
 
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d5dude

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They've been saying this since munger time, at 140, 100, 80 and now. Munger's death was prolly because of baba 🤔
He...he died holding baba...

Alibaba is like a tiny % of his networth (indirect ownership via DJ), and he was already 99 yrs old, I doubt stocks were on his mind when he passed…
 

limster

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I bought some Capitaland Investment 9CI today. I have a habit of buying SG counters when they go below $3. Sembcorp, the original Capitaland, and Singtel. 🤔

Will this counter become the next Singtel or the next Sembcorp 😅
 

DevilPlate

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I bought some Capitaland Investment 9CI today. I have a habit of buying SG counters when they go below $3. Sembcorp, the original Capitaland, and Singtel. 🤔

Will this counter become the next Singtel or the next Sembcorp 😅
I also average down. But Singtel no no for me haha
This counter being drag down by negative China news. They have quite abit of investment in China.
 
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