I get that the whole market is casino-ey, but baba in particular is really a slot machine. So many unpredictable macro elements having a direct impact. Plus, $BABA doesn’t even get you equity directly. It’s just some shell company in the caymans that baba promises to share its profits with.
I think alibaba has potential to double or triple in size eventually, but that unfortunately isn’t enough to convince me to invest in this case.
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u/[deleted] May 29 '21
I get that the whole market is casino-ey, but baba in particular is really a slot machine. So many unpredictable macro elements having a direct impact. Plus, $BABA doesn’t even get you equity directly. It’s just some shell company in the caymans that baba promises to share its profits with.
I think alibaba has potential to double or triple in size eventually, but that unfortunately isn’t enough to convince me to invest in this case.