$Alibaba(BABA.US)Looks like this shakeout took down a lot of people. I expected it to drop to 107 today, but it ended up higher than my prediction. For short-term outlook, I think it might continue to fluctuate downward in the coming days, and that would be the time to buy. No matter when you buy, the key is to think long-term. For those who focus on short-term plays, I really don’t recommend jumping into Alibaba stocks—it’s exhausting, not only hard to make money but also easy to lose.
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