Alibaba: Shares Decimated From $300 To $70, I'm A Buyer

Robert Way Alibaba Group Holding Limited (NYSE:BABA) was a stock I first seriously considered buying a few years ago when a friend in Zurich (who worked in finance) said it was one of her top ideas. I ended up buying some shares of this leading tech company and the stock went up. I sold it (a bit too early) and I watched it go even higher to around the $300 level. Since then I have been very firm about not buying any Chinese stocks and that has been a smart decision since there has been a major decline for ...