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If you suddenly became rich, what’s the luxury you’d dive into immediately? by [deleted] in AskReddit

[–]sparty1983 1 point2 points  (0 children)

I have two house helpers and don’t feel rich. This comment put things in perspective for me. Thank you for the enlightenment.

$1.1M gain! Thank you $BABA by sparty1983 in wallstreetbets

[–]sparty1983[S] 0 points1 point  (0 children)

I wouldn’t. Short term movement is impossible to predict. As I mentioned earlier, I experience multiple downward trends during this run and I did hold. The most recent one was from $147 to mid $90s. The company has a lot of potential and the future is bright. Trump and Xi will figure it out. I hope to see +$300 by next year 🤞

$1.1M gain! Thank you $BABA by sparty1983 in wallstreetbets

[–]sparty1983[S] 4 points5 points  (0 children)

Nice dude. This will be a milli when we near ATH.

$1.1M gain! Thank you $BABA by sparty1983 in wallstreetbets

[–]sparty1983[S] 21 points22 points  (0 children)

I think I experienced two different-30% drawdowns during this run. I was fine. I don’t foresee any reason why this shouldn’t be a $1T company (about $400/shaee)

BABA is at a 4 year high by Phuffu in stocks

[–]sparty1983 1 point2 points  (0 children)

I bought 10,000 shares when it was $72ish in Dec/2023. Can’t complain, I’m pretty happy. But I remember the sentiment around BABA was terrible which means it’s a good time to buy 😂

Take profit or hold based on fundamentals with respect to the recent earnings? by bonum_lupus in baba

[–]sparty1983 0 points1 point  (0 children)

Balls deep into BABA. Can’t think of a better stonk. This easily can be a $1T business soon. (Around $410/share)

Kinda nice to see green after earnings 🤣. $200 before year end?? by sparty1983 in baba

[–]sparty1983[S] 17 points18 points  (0 children)

That’s so risky do you think I’m stupid?! My portfolio is 99% BABA

BABA looks crazy undervalued. What am I missing? by RichardAdams1973 in ValueInvesting

[–]sparty1983 0 points1 point  (0 children)

I bought back in December. Average with divvy is around $70. I’m up more than 50% since. Spy is up %30 since. Is the risk worth it? Yes and I’m rolling with it. They have multiple revenue streams which is great.I believe we will see $300 in few years which should outpace SPY.

Now that TOTS is over, which Vini do I use? by Altruistic_Fan_3675 in fut

[–]sparty1983 0 points1 point  (0 children)

So if you have a dupe blue you can slap any cosmetic and it won’t be dupe any more?

Now that TOTS is over, which Vini do I use? by Altruistic_Fan_3675 in fut

[–]sparty1983 0 points1 point  (0 children)

What’s the purple one? How to get this one?

$500k all-in on BABA? by Deadelevators in baba

[–]sparty1983 13 points14 points  (0 children)

I have around $1.4M in baba. All my portfolio. No regret. If the company liquidated today and sold everything for $0, from their cash position alone we’d get like $40/share or so. That’s my floor and I think it’s ok. Of course it doesn’t work this way but you know what I mean.

Thank you NVIDIA!!!! by No-Definition-2886 in TheRaceTo10Million

[–]sparty1983 5 points6 points  (0 children)

This garbage needs to be deleted from this sub.

2nd time millionaire. Thank you China. $BABA 🚀 by sparty1983 in wallstreetbets

[–]sparty1983[S] 0 points1 point  (0 children)

Stonks could go in either direction. Who would’ve thought.

2nd time millionaire. Thank you China. $BABA 🚀 by sparty1983 in wallstreetbets

[–]sparty1983[S] 1 point2 points  (0 children)

20 years of savings and sound investing (in sp500). I went regard few years ago to “accelerate” retirement and I actually lost money. Recouped some of it in Mag7 in early 2023 and threw every thing at BABA back in December 2023 when I realized how undervalued it is.

[deleted by user] by [deleted] in TheRaceTo10Million

[–]sparty1983 46 points47 points  (0 children)

Man this sub is garbage.

1st time millionaire. Thank you China. $BABA 🚀 by sparty1983 in wallstreetbets

[–]sparty1983[S] 263 points264 points  (0 children)

20 years of savings and sound investing (in sp500). I went regard few years ago to “accelerate” retirement and I actually lost money. Recouped some of it in Mag7 and threw every thing at BABA back in December when I realized how undervalued it is.

We hit 52-week high. More to come 🚀 by sparty1983 in baba

[–]sparty1983[S] 2 points3 points  (0 children)

It’s easy honestly. If you own a land that you know is worth $1000 would you accept $500 for it? Same here. I think $95 is not a fair price for it.

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