BABA Stock | Huge Miss for Alibaba | Slowing Growth

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Ajoutées 2 années by admin

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Ultimately I sold because I believe Alibaba will be trading lower for atleast the next month. Selling allows me to harvest losses on Alibaba to offset my realized gains and avoid Paying as much on taxes this year. Once 30 days have passed, I will look to re-enter Alibaba. Cheers!

Alibaba posted disappointing Q2 2022 earnings reported on 11/18/2021. BABA stock has dipped over 10% since the lack luster earnings where they showed a slowdown in growth and decrease in earnings. I walk through the earnings report (the good and bad) and why I ultimately decided to Sell Alibaba (BABA).

0:00 Intro
0:38 Alibaba BABA earnings
10:00 Why I sold BABA