Anyone holding Alibaba (US)? What's your plan moving forward - buy, sell, hold?

One of my largest holding, with avg px 279, not much bullet left, so seeing when is the best to add.. While I find that it is undervalued, the US-CN situation makes it risky. Anyone holding as well? Whats your plan - buy, sell, hold?

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CCW

27 Aug 2021

It's not easy to foresee what the China Govt will do next which may limit the growth potential for Alibaba, hence you might want to size your investment according to the risk.

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Jovan Lai

Edited 27 Aug 2021

Things are seldom cheap when things are all rainbow and sunshine. Back in April last year I was very bullish and buying heavily but all I got was criticism for how foolish and inexperienced I was, not weighing the risks...

"When stock prices are high, risk increases, not decreases. When stock prices are low, risk decreases, not increases." - Benjamin Graham

"Buy at the point of maximum pessimissm" - Sir John Templeton

Ofc, not everything is worth buying just because it is relatively cheap, but fear and falling stock prices gives an intelligent investor more comfort in a good business. Alibaba has only grown in revenue, operating income and cashflows since the crackdown.

People will fear falling "fundamentals" when stock price is going down and praise "fundamentals" when stock price is going up. "looking at stock prices is not investing." - Buffett

"Stocks are not lottery tickets, there is a business behind every stock. If the business does well, the stock does well over time." - Peter Lynch

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