patrick.net

I was looking to buy some BABA for my small trading account, but maybe I'll just buy some call options instead. Like said above, if there's any serious conflict between the us and chyna, ADRs and the like will totally crash. I think long term BABA the company will be worth a lot more if they can get past the chyna lockdowns and tech scrutiny, but an American could easily lose all their money on the path there.

If pelosi does goto taiwan... I think chyna will retaliate in some non-trivial way. They know we dont want war right now due to russia, and I think that advantage is part of the reason theyre standing so strongly on taiwan - they want to take advantage of the situation. But I suppose we want to go there to make a stand and delay chynas absorption of taiwan, which would screw us badly via the chip supply. We need to hurry and mitigate our dependence.

Hircus says

I was looking to buy some BABA for my small trading account, but maybe I'll just buy some call options instead. Like said above, if there's any serious conflict between the us and chyna, ADRs and the like will totally crash. I think long term BABA the company will be worth a lot more if they can get past the chyna lockdowns and tech scrutiny, but an American could easily lose all their money on the path there.

If pelosi does goto taiwan... I think chyna will retaliate in some non-trivial way. They know we dont want war right now due to russia, and I think that advantage is part of the reason theyre standing so strongly on taiwan - they want to take advantage of the situation. But I suppose we want to go there to make a stand and delay chynas absorption of taiwan, which would screw us badly via the chip supply. We need to hurry and mitigate our dependence.

Dead on, Hircus! If we think chip shortages are tough now, wait until the Chinese control Taiwanese chip fabs. Also, National Security is at risk: you think the Chinese won't put backdoors and other shit into chips when they control production? That would be counter to all Communist revolutionary doctrine.

The Chinese financial system consists of grifters and suckers.

If you buy a security from them, you’re the sucker.

I’m a sucker; I bought some shares of BABA at the suggestion of a former girlfriend from Shanghai.

I’m only about 3.5 grand underwater.

Moral: never take financial advice from a female.

She did have other worthwhile talents however.

Jack Ma emerges from hole and sees shadow.... LOONNNNGGGGGGG BABA....

I had shares in SBER and YNDX, but Biden has confiscated them and put them in "an escrow account" with no clear indication of when or if I get them back.

It's just theft, but then, compared to the Biden crime family's other escapades, like selling out the highest office in the US to China and murdering a million people with vaxx mandates, mere theft is nothing.

Patrick says

I had shares in SBER and YNDX, but Biden has confiscated them and put them in "an escrow account" with no clear indication of when or if I get them back.

Except it wasn't Biden.

I once got a bunch of Chicom company stock through some weird "reverse merger" or some baloney like that. Sold it the very next day. Don't want anything to do with these fucks.

BABA up 3% today since nancy is still alive lol.