EQUITYOPPORTUNITY

Wednesday, February 12, 2025

Incredible Streak : Alibaba Returns for a QUARTET of contributions to the marathon ! {11th Feb '25}

  With the local market shuttered for the Thaipusam holiday, a recent surge in the stock price of Alibaba uncannily closed the gap with a partial sale from $111.93 to $114,44 at night as a pre-market drop down to $108.00 was reversed an hour into the open: the 2nd sale of an averaged down position back in July 2021 & June 2024 that averaged down to $103.6124.

 This long position has already earned 2 dividends last year & is over & above the pair of wins on the Hong Kong-listed stock [9988], including the to-date only ever 'contra' gain on that exchange, reaping over HK$800 & then sealing up the first full year in the streak [2021] memorably on the last day!

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