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The Most Important Thing

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Todd Smith

shared a media post in group #The Most Important Thing

[2024 Prediction] or at least i'm venting this to say I'm over it. I'm selling BABA & KWEB. Already happened briefly earlier this year, I predict BABA will settle below $70 a share soon again and stay there. Maybe i've just lost hope. Even for us recent aspiring bag holders, it's a bit too much to take. It's basically a question of how low a well functioning mega cap can go to. At what point does it become nonsensical?? For me it already is. I remember in the US market when in 60s, 70s stock market was low. Buffet made his money by investing in companies with lots of free cash and forcing them to pay out dividends. Is this the reason the stock market makes a lot more sense in America. If this stock had been in any other country, people would have made aggressive attempts to take over the company. there are far more stocks on sale right now with great growth prospects and less uncertainty. ✌️
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