EQUITYOPPORTUNITY

Monday, March 10, 2025

Incredible Streak : The FINAL EXIT of 🐉Alibaba 🏮! {10th Mar '25}

  Thus, a long 42-month odyssey with the Chinese internet e-commerce giant & AI-giant wannabe is concluded with a 100% win record & 7 rounds since 2021 [ 2 in HK & 5 in the US] after 2 dividends, a looming threat of delisting, a scuppered IPO, crackdowns targeting the founder & a maximum -62% paper loss at the stock's nadir in late 2022!

  Alibaba also remains the only Hong Kong-listed stock to provide a 'contra' profit [entry & exit within the settlement period] in my decade-long history trading there, and tonight brings the combined score to 1,178 points, tying with 28 Nov '24 for 23rd highest score, exiting tonight at an average $135.414, the highest-priced sale of all rounds excepting the Aug 2021 sale. Not bad, considering that it closed 2.1% lower at $132.54 amid a market-wide selloff, especially in tech stocks ! 


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