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Originally Posted by lewdog
Let's talk about Alibaba.
Invest now as if it's the next Amazon? Or are we too late?
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Quote:
Originally Posted by Nightfyre
I am not a fan of the company. They have had numerous issues with counterfeit products and they have significant competition. That said, the stock is clearly performing well.
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Originally Posted by Rain Man
I realize that things are changing in China, but any Chinese company is still one corrupt official away from being nationalized. I stay away from stocks in authoritarian countries.
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1. BABA has cracked down massively on counterfeits. They allowed them in the beginning while they tried to grow but since they have exploded and are now public, they have come down hard.
2. BABA is MASSIVELY diversified in many other companies and is like a public VC firm. They have put chips on the table across many industries and companies.
3. While China's Communist Party can be a fickle bitch, they also are proud of their successful Chinese companies and also have investments in most of them!
I would invest Lewdog. Maybe even some long term options so your risk dollars are minimal.
There are long term BABA options that don't expire until Jan 2019, June 2019 or Jan 2020.