Subject: Re: Clouds clearing for BABA?
Great posts BenSolar. Alibaba has risen 80% since its low.
Investors tend to get too pessimistic.
It will be very interesting to see how their changing stance on earnings preservation will start to show up in real figures over the next two or three quarters. I don't greatly care, as their cash flows are fine and they really do need to fight competition right now, however Wall St does care so it will effect the quote over 2023.
- Manlobbi