Baba is dead money

Positive news and revenue growth don’t matter. Mr. Market doesn’t care, and Baba keeps tanking until all the sellers are gone and they actually improve their bottom line. No one wants to buy Baba unless it becomes an asymmetrical bet.

The price action makes it obvious these sellers are just waiting for buyers, and half the people here are holding out for their entry price to bounce back so they can exit.

I don’t see either of those things happening anytime soon. So this is just dead money for the next few years.

I know some of you will say it’s a 5+ year play, but that’s the thing Baba is always a 5 year play. Doesn’t matter if you bought it 5 years ago, still a 5 year play. Buy next year? Still a 5 year play.