The Bullish are dream that BABA will be back to $250. This will not happen.
What will happen is that BABA will be delisted from US Market in the 2023. The share will be tread on P/E 10 for the next year or so. The issue is visibility !! No one want to invest in a company that has huge risk to be delisted from US market.
Don't tell it to the bullish here, they like painful .... They are committing suicide with BABA. The holders have an IQ issue. They are dreamers not investors. They all lost money holding BABA and now are waiting for the share to go up to $230. Instead the share is heading to $130.$Alibaba(BABA)$ $Alibaba(09988)$
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