Maybe. Depends on if you agree/disagree with the wider market on the inherent problems with BABA and more specifically the relative insecurity/danger of Chinese government intervention.
I previously held BABA. I exited at roughly break-even. Furthermore, I won't re-enter for the same reason I exited, the Chinese government can and have ruined Chinese-born companies at the flick of a pen.
I think BABA has a good business. If the Chinese government leaves it alone it would be a great investment, but the more influential BABA is the less likely that seems.
PS - Plus do the risks and gains actually balance? The risk could be as much as your entire investment, and the returns are far lower than that.
I previously held BABA. I exited at roughly break-even. Furthermore, I won't re-enter for the same reason I exited, the Chinese government can and have ruined Chinese-born companies at the flick of a pen.
I think BABA has a good business. If the Chinese government leaves it alone it would be a great investment, but the more influential BABA is the less likely that seems.
PS - Plus do the risks and gains actually balance? The risk could be as much as your entire investment, and the returns are far lower than that.