Keinselling #5, Though time for Alibaba

٢٩ يوليو ٢٠٢١

I've decided to take a risk of shorting BABA because of all troubles that occur in company in last time. (Pointed lower). I don't have much research on Alibaba's earnings but that all situations make me bearish and probably that's the right decision.

• 2.8$ billion fine for violating anti-monopoly rules which is Alibaba's nightmare.
  
• Cybersecurity issues that exposed Alibaba business to additional risks.
  
• Some companies lowered fair valuation to 152$ which is much lower than actual price.