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Alibaba Fell Over 1% in Premarket Trading, though Charlie Munger Doubles down on it in Q4

Tiger Newspress2022-01-05

Alibaba fell over 1% in premarket trading, though Charlie Mungerdoubles down on it in Q4.Daily Journal Corp, the publishing and technology company in which Warren Buffett's longtime business partner Charlie Munger is chairman, said it has nearly doubled its stake in Chinese e-commerce giant Alibaba Group Holding.

The U.S. company raised its holding by 99.3% to 602,060 sponsored American Depository Shares as of Dec. 31, Daily Journal said in a regulatory filing on Tuesday, making the stake worth about $72 million as of Jan. 4.

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Comment30

  • koolgal
    ·2022-01-05
    Maybe Charlie Munger knows something that we don't.  Obviously he is convinced that Alibaba is going to go up long term.  Go Baba! 🚀🚀🚀🌙🌙🌙
    Reply
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    • koolgal
      Thanks.  Huat to you too
      2022-01-06
      Reply
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    • JLSW86
      HuAt arh!
      2022-01-06
      Reply
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    • koolgal
      Thanks
      2022-01-05
      Reply
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    View more 2 comments
  • SamYYL
    ·2022-01-05
    Like 
    Reply
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  • 来人
    ·2022-01-05
    Buy the dip? 🤔
    Reply
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  • Geniethelamp
    ·2022-01-05
    Long wait 
    Reply
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  • CCCH
    ·2022-01-05
    I will top up at $100
    Reply
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    • AndrewL
      Yes
      2022-01-05
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  • ZeRoCoOl
    ·2022-01-05
    Can consider 
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  • Bull1973
    ·2022-01-05
    Ok
    Reply
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  • tkj
    ·2022-01-05
    Charlie is practising what Warren has highlighted. When people are panicking and heading out of the door, it is time to go in....perhaps time to go in.
    Reply
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    • StarGate
      maybe something is going Up
      2022-01-05
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  • Winner168
    ·2022-01-05
    Nice. Can consider[Happy] 
    Reply
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  • CS2
    ·2022-01-05
    Ok
    Reply
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  • Txfen80
    ·2022-01-05
    I will leave BABA aside (alone) until there’s clarity on politics 
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    • CS2
      Ok
      2022-01-05
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  • wywy
    ·2022-01-05
    They tell you charlie double down... but never tell you warren thriple down the other direction[LOL] [LOL] 
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    • wywy
      yea
      2022-01-16
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    • wywy
      yea
      2022-01-16
      Reply
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    • wywy
      yea
      2022-01-16
      Reply
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    View more 2 comments
  • Nix520
    ·2022-01-05
    🙄
    Reply
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  • JENerousity
    ·2022-01-05
    Pls moon, i need to feed family
    Reply
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  • Linda1127
    ·2022-01-05
    Go up...BABA....now is time to shoot up
    Reply
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    • Nix520
      👍
      2022-01-05
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  • Kazren
    ·2022-01-05
    Ok
    Reply
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  • Aeron2020
    ·2022-01-05
    Ok
    Reply
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  • XW4EYQ
    ·2022-01-05
    Wow
    Reply
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  • zingerbells
    ·2022-01-05
    Like pls
    Reply
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    • ccl85
      0
      2022-01-05
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    • JeremyKok
      hi. please like and comment back. thank you.
      2022-01-05
      Reply
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