- Alibaba and the Sub-100 Groundhog Day: How We Rallied to HKD 180 and Handed Back Every Single Dollar.
Hi Folks, welcome back to Investment Income For Life! Grab a warm drink, sit down, and prepare to feel better about your own portfolio. Today, we are talking about everyone’s favourite psychological experiment masquerading as an e-commerce stock: Alibaba (HKEX: 9988). Alibaba has been a disaster for me as I am not back to square one and on hindsight, I should have sold off last year when it hit HKD 186 per share and then buy back last week...haha. :p