Alibaba Group Holding Ltd (BABA): Nonsense without true knowledge, facts,...

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Re: None

Sunday, 10/13/2019 6:34:54 AM

Sunday, October 13, 2019 6:34:54 AM

Nonsense without true knowledge, facts, numbers, proccess, and rules, is hardly due diligence..

Review the article I posted with the Harvard paper attached yesterday. That's due diligence. Lets hope most understand the difference.

Though BABA’s headquarters are in Hangzhou, China, the company is a Cayman Islands-based Variable Interest Entity (VIE). Foreign investors can’t buy stock directly in either the VIE or BABA’s operating company. Instead, they invest in what is known as a Wholly Foreign Owned Entity (WFOE) that provides capital through a loan to the VIE.

https://investorplace.com/2018/12/baba-stock-considerable-risks/

They are so slippery! Always looking for a way to screw the dollar.

Dump china, buy American.

DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.

People kill for money. What makes you think they will not lie to you for yours?