Really feel like $BABA is in an awesome spot vs valuation.

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Nathan Worden's avatar
@hmehr Recently pitched $BABA at "The Market" game, she did a great job. @fpatton13 how do you think about the risk of owning American Depositary Receipt as opposed to the actual company?
Michael Panebianco's avatar
I don't have any positions in any Chinese firms but read this earlier this morning
Frank Patton's avatar
@fpatton13October 21
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@tecantra thanks for sharing!
Frank Patton's avatar
@fpatton13October 21
Author
I don’t think I’ll make it rain in the short term. But with the price being off 30% from valuations still make it a positive long term play IMO. I guess we will see it is a bad decision in time.

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