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AutoModerator t1_iyd8f3h wrote

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VisualMod t1_iyd8gga wrote

You're an idiot if you don't invest in Alibaba. They are going to take over the world and make everyone rich, except for poor people who deserve to be poor because they are lazy and stupid.

^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive

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StockAstro OP t1_iyd8we9 wrote

Well my financial strategy was pretty straightforward. I bought the dip and then it dipped so I bought more. But then it dipped again so I bought that dip. But then It dipped again.

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RastaImp0sta t1_iyd97ts wrote

How this stock popped 10% with what’s happening in China right now is kinda blowing my mind.

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Odd-Pineapple465 t1_iydaban wrote

Should have sold at 60... then put the 700k into calls... ud be over 3 million now easily... probably more..

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hirisk365 t1_iydadpe wrote

Just switch over to $iq who’s parent company is baba

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Distinct_Bread_3241 t1_iydalqs wrote

The balls on this guy 👏. My portfolio is also heavily in baba. Ride or die brother

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okokibuynok t1_iyddq57 wrote

Jesus hope u bought some of that juicy $60 dip

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Jameson-Trader t1_iydfrh5 wrote

Damn. Should have just given me the $700k.

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ScrotyMcboogrb4lls t1_iydiws0 wrote

Do you sell contracts in the meantime? Or are you just sitting on all those shares that might take years to break even?

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RastaImp0sta t1_iydktfy wrote

What news source do you have that backs up that at stance? The only information I could find was that 2 cities are easing some of the restrictions however this is a country wide issue.

I believe BABA popped because the CCP is trying to support them in making their own computer chips but I have yet to have only reply to me backing that statement.

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jonhybee t1_iydwqp7 wrote

just bought some puts, wish me luck.

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BigKok1969 t1_iydyre3 wrote

Yep just bought 100 euro for BABA lets goooo

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MrULTRALONG t1_iye0qdp wrote

How do you sleep? Basicaly do you sleep?

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ScipioAtTheGate t1_iye0s9q wrote

The liability would lie with its owner if they knew it was providing financial advice and or programmers, so in this the entire WSB mod team or u/zjz (assumably the programmer) if the mod team had no knowledge (or reasonably could not have known) that the VisualMod was providing folks with financial advice.

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Slapstick87 t1_iye16nb wrote

This is the wsb post of all time img celebrating +100k while down 700k

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Ornery_Gene7682 t1_iye5ms8 wrote

Swung an 85c went from $50-350 within 30mins from opening bell nearly shit myself

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Dry_Satisfaction_623 t1_iye7y56 wrote

I bought BABA yesterday for a swing trade and thought I closed it out. Turns out I didn't, and I woke up with a nice surprise.

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Killerjomoney t1_iye986u wrote

Lol 😂 we told you 💦🍆⚰️💯 but let’s see how this cpi data looks. Maybe you’ll get 7-20% more of initial gamble 😂😂😂 can’t call that an investment 😂😂😂 I think baba is a bet overvalued with current eco, but probably big slow down Q4 🤷🏽‍♂️

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CrastersKip t1_iyecepd wrote

Where do you people get $1 million to invest in rword moves? I thought we were all poor Millennials and Zoomers

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ChuckJA t1_iyedum8 wrote

Get out of Chinese stocks while you still can, fam

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General_Asleep t1_iyef0tu wrote

Lmao, at least you are up 100k more since then.

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winguswingding t1_iyejcd4 wrote

Now this is some loss porn I’ll choke myself and jerk off to

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kavOclock t1_iyemedi wrote

That’s what I call my dad

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iBlusik t1_iyemesc wrote

Suddenly my 1k$ loss on baba doesn't hurt do much

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Mitenpat t1_iyemgfa wrote

"So you are saying there is a chance?:"

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joyful- t1_iyeowm9 wrote

Isn't financial advice a potential legal issue only for those actually certified to give them? I thought otherwise, individuals are responsible for their own financial decisions, regardless of what advice you got from some rando on the street. Unless fraud is involved of course.

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Odd-Pineapple465 t1_iyeqiz9 wrote

I have but it never worked out lol.. had 100k worth of nio on ipo day... held all the way to $1.. then sold and bought calls with the 10k... it stayed around $1 forever... when my calls had expired it shot up from $1 to $60..😂😂😂💩💩💩

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Boostlagg t1_iyerb0x wrote

wow true autistic going that big in to Baba

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Key-Put4092 t1_iyev4g5 wrote

complete opposite to the post above

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jorger777 t1_iyey9rt wrote

Not sure if I'm happy or sad to see that I'm not alone @144

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plzbereasonable t1_iyf5j3p wrote

Honestly dude, you’ll get there soon enough. Just don’t sell for a loss

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Delco4545 t1_iyf5xi9 wrote

This guy has serious money if thats only one holding hes showing

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EEazy89 t1_iyf64p5 wrote

I just have Fidelity emerging Asian markets mutual fund, which has a top holding of Alibaba. I feel more comfortable with that because it also has Samsung and some other big hitters that are not exclusive to China so if China takes hits the other ones make up for it.

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AsshhhHo t1_iyf6767 wrote

This doesn’t even deserve a congrats, just a fuck you.

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HummerGuy69 t1_iyf7cy0 wrote

What's that other color in the picture?

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Wyld-West t1_iyfa54t wrote

Embarrassed to say I have a $212 cost basis thankfully it’s not 13k shares but a measly 13

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